Breaking News
Bitcoin Debate: Pomp DESTROYS Peter Schiff
Oil shipments are under attack on multiple fronts as fighting escalates in Red Sea, Hormuz...
How Much Has Big Tech Overspent in AI Buildout?
Erdogan's Ottoman Gambit: Turkey Prepares for a New Regional Order
Top Tech News
Elon Vows AI-Made 'Odyssey' After Blasting Nolan's Take On Homer
Anthropic is launching its own drug discovery programs for rare diseases using Claude...
SpaceX AI Satellites Will Have 250 Kilowatts of Power
Chinese researchers have developed a sodium-metal battery that can fully charge in just 4 minutes...
SpaceX Starship Flight 13 in 3 Days - Thursday July 13
Chinese Scientists Develop Nuclear Battery Using Carbon-14
Teleoperated humanoid robots complete first-ever live surgery
Floating capsule auto-disinfects water without chemicals or battery
Modular Reactors To Solve Data Center Hysteria?
DeepSeek Developing In-House AI Chip In Bid To Cut Nvidia Reliance
Tesla Leads The Way In Cheapest Battery Pack Costs
According to Bloomberg New Energy Finance (BNEF), Tesla and its lithium-ion battery partner Panasonic are the leaders in EV battery technology, especially in terms of costs of the cells and packs.
One of the reasons is low cobalt content in the cells (below 10% of cathode weight). Elon Musk said in June that the target for battery cell cost in 2018 is $100/kWh, and $100/kWh on the pack-level within two years.
In fact, Tesla already delivers the car with the cheapest cost per kWh in the form of the Model 3.
BNEF's research revealed that other suppliers offered cells for $120/kWh in 2017, but to reach $100/kWh on the pack-level is in general not expected for the industry until 2025.