Chinese battery maker Contemporary Amperex Technology Ltd (Catl) and Tesla claim to have manufactured a battery that can power vehicles for two million kilometres. More interestingly, Catl already supplies batteries to Electric Vehicle makers, Tesla and Volkswagen.
The battery maker also claims the battery will have a lifespan of 16 years. For comparison, most batteries get a warranty of 60,000 – 120,000 miles spanning an 8 year period.
CATL at the moment has a two-year contract, struck in February 2020, to supply batteries to Tesla. Tesla CEO Elon Musk met Zeng in Shanghai for the deal. The company has also worked with Japan’s Panasonic Corp. and South Korea’s LG Chem Ltd.
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This “million-mile battery” is expected to reduce the cost of electric vehicles, putting them on par with the gasoline automobiles, and will also allow electric vehicle batteries to be reused in a second vehicle.
The battery was developed with Catl and deploys Tesla’s technology in collaboration with a team of academic battery experts recruited by Musk.
Elon Musk had previously touted a longer-lasting battery than what is obtainable in the market. In January 2020, he told investors that; “We’ve got to really make sure we get a very steep ramp in battery production and continue to improve the cost per kilowatt-hour of the batteries — this is very fundamental and extremely difficult. We’ve got to scale battery production to crazy levels that people cannot even fathom today.”
lndustry insiders believe that Tesla’s Model 3 sedans produced at Tesla’s Shanghai factory will be getting the new million-mile battery.
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