Tesla Gigafactory 1 has 35% battery cost reduction to about $124/kWh and Tesla planing for 3 more Gigafactories
“Tesla was aiming for at least a 30% reduction from its battery cost for Gigafactory and it now claims a “35% cost reduction” in a new promotional video.
Starting from the “less than $190/kWh” cost and applying a 35% reduction leads to “less than $124/kWh”. If we assume a 55 kWh battery pack, the battery in the base Model 3 would cost “less than” $6,875. While it would still likely be the most costly component in the car, it’s starting to become reasonable in a $35,000 vehicle.
The “holy grail” of battery cost, meaning when most battery-powered vehicles will be cost competitive with gas-powered ones even before accounting for gas saving, is believed to be $100/kWh..”
#future = #clean #green #sustainability #energy #tech #innovation #progress #science #design #engineering #revolution #environment #solar #climatechange #ClimateAction #renewableenergy #renewables #economy.
Hmmmm