Can Tesla really deliver on its promise to offer a long-range electric vehicle that is cheap enough to attract mainstream buyers by 2017? We can’t know for sure without access to the company’s proprietary information. But one thing is clear: if Tesla is successful it will be because of significant advances to the design and manufacturing of its battery pack, which many estimates suggest represents a quarter to half of the full cost of the car.
At a launch event Thursday night in Los Angeles, Elon Musk announced that the Tesla Model 3 would have a range of 215 miles. That’s not much less than the range of the cheapest version of the older Model S sedan. But the Model S starts at nearly $70,000—twice the Model 3's $35,000 price tag.
Where might the cost savings come from? Some may come as Tesla learns to improve how efficiently it builds batteries at its "gigafactory," which is now under construction in Nevada.
In addition, Quartz’s Steve LeVine points out that Tesla and partner Panasonic have quietly been developing a new technology in which silicon is combined with the graphite used in conventional lithium-ion battery anodes. Adding silicon could increase the amount of energy the battery can store, but previous efforts to commercialize the technology have failed. Levine cites a battery market investment analyst who says that the Model 3’s anodes could contain up to 10 percent silicon, which battery experts say would be a “serious breakthrough.”
Serious enough, in fact, that it might allow Tesla to bring the cost of its batteries down from an estimated $300 per kilowatt-hour in 2014 to $200 by 2017. That would get us much closer to $150, the point at which some experts have predicted there could be a “paradigm shift” away from internal combustion cars. Unfortunately we’ll have to wait until late next year, when the first Model 3's are expected to roll off the production line, to see if Tesla truly has a breakthrough on its hands.
(Read more: Quartz, “Inexpensive Electric Cars May Arrive Sooner Than You Think”)
This artist is dominating AI-generated art. And he’s not happy about it.
Greg Rutkowski is a more popular prompt than Picasso.
VR is as good as psychedelics at helping people reach transcendence
On key metrics, a VR experience elicited a response indistinguishable from subjects who took medium doses of LSD or magic mushrooms.
This nanoparticle could be the key to a universal covid vaccine
Ending the covid pandemic might well require a vaccine that protects against any new strains. Researchers may have found a strategy that will work.
How do strong muscles keep your brain healthy?
There’s a robust molecular language being spoken between your muscles and your brain.
Get the latest updates from
MIT Technology Review
Discover special offers, top stories, upcoming events, and more.