Could new battery technology mean a price cut for the Tesla Model Y? Find out when Tesla's new dry-coat batteries will reach mass production.
, Tesla is poised to reduce costs by increasing battery cell size and utilizing a new process to"dry-coat" electrodes. This process could allow Tesla to reduce the price of the Model Y 4680 battery bywhich would shave approximately 8 percent off the total retail price, according to the report. Unfortunately, it will be a while before this new technology is ready for prime time.
Apparently, because the dry-coat technique is so new and"unproven," Tesla is having issues scaling up the process, with production estimated at sometime in 2023, according to. While that is not great news for those looking for lower prices on Teslas right now, it could mean great news in the not so distant future.
, and if it can find a way to effectively mass produce dry-coat batteries it has a better chance than it would otherwise.We will continue to follow this news as things develop, as a breakthrough in battery tech for these popular electric SUVs could give a boost to EV sales overall. Considering and rumors that other states may follow suit, affordable EVs are going to be more important than ever within the next decade.
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