Tesla’s readying a ‘million mile’ battery that could greatly lower the cost of EVs

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Reportedly coming first to China

Tesla is getting ready to introduce a long rumored lower-cost, longer-lasting battery for its electric vehicles in China sometime later this year or early next year, according to a new report from Reuters. The battery — which has been colloquially called a “million mile” battery in reference to how long it can last in a car before breaking down — is being co-developed with Chinese battery giant Contemporary Amperex Technology Co. Ltd (CATL) and was designed in part by battery experts recruited by Tesla CEO Elon Musk.

Tesla is already the industry leader when it comes to squeezing range out of lithium-ion batteries in electric cars, and it’s expected to reveal more about the new technology at an upcoming “Battery Day” for investors. Musk told investors and analysts earlier this year that the information “will blow your mind. It blows my mind.” The company originally planned to hold the event in April, but has had to reschedule it until at least late May thanks to the COVID-19 pandemic. The company held a similar event focused on self-driving technology in April 2019.

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Tesla’s readying a ‘million mile’ battery that could greatly lower the cost of EVs

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Reportedly coming first to China

 Tesla is getting ready to introduce a long rumored lower-cost, longer-lasting battery for its electric vehicles in China sometime later this year or early next year, according to a new report from Reuters. The battery — which has been colloquially called a “million mile” battery in reference to how long it can last in a car before breaking down — is being co-developed with Chinese battery giant Contemporary Amperex Technology Co. Ltd (CATL) and was designed in part by battery experts recruited by Tesla CEO Elon Musk.

Tesla is already the industry leader when it comes to squeezing range out of lithium-ion batteries in electric cars, and it’s expected to reveal more about the new technology at an upcoming “Battery Day” for investors. Musk told investors and analysts earlier this year that the information “will blow your mind. It blows my mind.” The company originally planned to hold the event in April, but has had to reschedule it until at least late May thanks to the COVID-19 pandemic. The company held a similar event focused on self-driving technology in April 2019.

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Tesla’s ‘million-mile battery’ could sound the death knell for combustion engines

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New battery tech may make EVs cost the same as traditional smog spitters.

 Tesla has long been locked in a battle with fundamental chemistry to reach its holy grail: the point on the curve at which its electric vehicles can be sold at a price comparable to gasoline cars. The company might be reaching that inflection point, with Reuters reporting that Tesla will soon introduce a low-cost, long-life battery in its Model 3 sedan in China. Given Tesla’s ongoing ascent and technological dominance in the EV sector, the news must be giving rival carmaker’s execs sleepless nights.

The report comes as Tesla CEO Elon Musk has been teasing a “Battery Day” expected to take place in June, where he says the company’s announcements will make it “one of the most exciting days in Tesla’s history.”

Musk has made it clear repeatedly that the cost per kilowatt-hour of Tesla’s batteries has been a major roadblock to selling the cars at a price competitive with traditional internal combustion vehicles. That, in turn, has been an obstacle to their mass adoption. But beyond boosting sales, Musk envisions the new batteries having a second life on the power grid as storage devices, which could help him achieve another goal: A move to a sustainable-energy focused economy.

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Elon Musk’s million-mile battery dreams are about to come true

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Researchers have developed a new battery for electric vehicles that can last 1 million miles.

Researchers have been working on increasing the power and life cycle of the batteries we use in electric vehicles while maintaining safety standards for years. A battery reaching its end of life, with diminishing returns, would be a long term nightmare for both customers and companies.

A team in Penn State’s Battery and Energy Storage Technology (BEST) Center claims to have developed a powerful battery that can last for 1 million miles. Elon Musk promised last year that Tesla cars would at some point have batteries that last a million miles, and it seems this battery can do just that.

As Tesla learned years ago, a lithium-ion battery that has a high energy density can catch fire or even explode in certain circumstances. That’s obviously something any electric vehicle manufacturer wants to avoid, but we also want our electric vehicles to have batteries that are powerful and long-lasting. Researchers at Penn State appeared to have created a battery that’s stable, powerful and has a very long life using a counterintuitive approach.

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