Not long ago Tesla was rumored to have found a solution to the problem. The most expensive component of an electric car is the battery. This power source has an important role, which is to store energy to drive a vehicle.
The latest news says that Tesla and its Chinese partner company, Contemporary Amperex Technology Ltd. (CATL), have found a way to reduce the price of battery production. As reported by the Reuters news agency, Tesla and CATL have found a solution to the price of producing this battery and CEO (Chief Executive Officer) Elon Musk himself will announce it this year.
This battery is packaged more concisely and reduces weight and additional production costs. As a result, electric cars with batteries can have better mileage at lower selling prices. The first Tesla Model 3 launched in China will be the first car with this battery technology.
The latest news says that Tesla and its Chinese partner company, Contemporary Amperex Technology Ltd. (CATL), have found a way to reduce the price of battery production. As reported by the Reuters news agency, Tesla and CATL have found a solution to the price of producing this battery and CEO (Chief Executive Officer) Elon Musk himself will announce it this year.
This battery is packaged more concisely and reduces weight and additional production costs. As a result, electric cars with batteries can have better mileage at lower selling prices. The first Tesla Model 3 launched in China will be the first car with this battery technology.