Tesla Battery Day: news and updates from Elon Musk’s announcement

Tesla’s “Battery Day” event, held on September 22nd, 2020, was a showcase for Elon Musk to show off his company’s latest battery improvements.

Tesla unveiled plans to develop a “million mile” battery that could last an electric car’s entire lifetime on the road. It also outlined plans to dramatically reduce the cost of its battery cells and packs to $100 per kilowatt-hour, at which point experts believe electric cars will become comparable in price to combustion engine vehicles.

Tesla is already the industry leader when it comes to squeezing range out of lithium-ion batteries in electric cars, but its ability to continue to innovate on its battery technology helps explain why the company’s stock prices have soared in recent months.

Originally posted: Source link


Leave a Reply

Subscribe to our newsletter

Join our monthly newsletter and never miss out on new stories and promotions.
Techhnews will use the information you provide on this form to be in touch with you and to provide updates and marketing.

You can change your mind at any time by clicking the unsubscribe link in the footer of any email you receive from us, or by contacting us at newsletter@techhnews.com. We will treat your information with respect.

%d bloggers like this: