Recharge Wrap-up: Tesla World Conference, car sharing growth
Tesla Begins Powerwall Installations; Tesla Batteries Could Drop Below $100 Per kWh
Tesla is now installing its Powerwall stationary energy storage systems in the homes of "pilot customers." Tesla is currently installing the 7-kWh units, with the 10-kWh version scheduled to become available early in 2016. The electric automaker will step up production of the Powerwall over the next few weeks, and will shift production from its Fremont, CA factory facility to the Gigafactory in Nevada in the first part of the new year. Read more at Electrek.
Tesla battery costs could drop by more than 50 percent with new chemistry and larger production scale. Jefferies analyst Dan Dolev predicts the price of Model S batteries to fall as far as $88 per kWh with the use of a nickel cobalt aluminum cathode and silicon synthetic graphene anode. Combined with the sheer production capacity of its Gigafactory, Tesla could be producing batteries for the Model 3 that cost just $5,280 per vehicle. Tesla has said, though, that prices wouldn't drop below $100 per kWh until at least 2020. Read more at Teslarati.
The Tesla World Conference is underway in Belgium. The two-day conference, which began on Friday morning, is not officially affiliated with Tesla, but will feature presentations from influential people in the world of electric vehicles and green culture. And, according to Teslarati, "rumor has it that there could be a very special guest from the company dropping by." Watch the livestream at the Tesla World website, and read more at Teslarati.
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