Autos

Tesla and the science of low-cost, next-gen EV million-mile battery

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An employee fits a battery pack under a Tesla Model S automobile on the final assembly at the Tesla Motors factory.

Jasper Juinen | Bloomberg | Getty Images

The future of the auto industry may boil down to the difference made by a single letter: R. As in, the difference between a lithium-ion battery, like those found in today’s electric vehicles made by Tesla and others, and the lithium-iron phosphate batteries coming soon to market.

As Elon Musk’s Tesla has been talking up new battery technology development as part of the lead-up to the company’s first-ever Battery Day for investors, Wall Street is buzzing about the difference the next generation of batteries may make. Vehicles with…



Source cnbc.com

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