Tesla CEO Elon Musk. AP Photo/Jae C. Hong Tesla may be paying less for battery packs than rivals like General Motors and Porsche, according to Cairn Energy Research Advisors. Last year, an electric-vehicle battery pack made with the kinds of cells Tesla uses cost around 25%-60% less than packs with cells used by companies like Porsche, General Motors, and BMW, Cairn estimated. The battery pack is the most expensive part of an electric vehicle. Visit Business Insider’s homepage for more stories . Tesla may have a big cost advantage over rivals like General Motors and Porsche when it comes to battery packs, according to estimates from Cairn Energy Research Advisors. An electric-vehicle battery pack made with cylindrical cells, the kind Tesla uses, cost $158 per kilowatt-hour (kWh) last year, the firm said. Battery packs made with pouch cells, like those used in the Porsche Taycan and Chevrolet Bolt EV , cost $200 per kWh last year and prismatic cells, like those used by BMW , cost $253 per kWh, according to Cairn. Sam Jaffe, a managing director at Cairn, told Business Insider that companies buying or selling batteries rarely disclose prices, so the research firm estimates past and future […]
Latest Articles
Eco-Friendly Farm Stays Around the U.S.
Takeaways: A farm stay is an accommodation where you can book a bed, room, or lodging on a working farm.
Payment for the accommodation...
Natural Fire Resistant Cotton
Natural Fire Resistant Cotton A research team from the United States Department of Agriculture (USDA) has developed a...
The “Windcatcher”: Bigger Than The Eiffel Tower And Can Power 80,000 Homes, Say Developers
Takeaways: The Windcatcher is an offshore sail that might be set to change wind power generation.
The device can spin faster than traditional turbines,...
Urban Gardens and Regenerative Agriculture: How Small-Scale Farms Could be the Future of Food...
Urban Gardens and Regenerative Agriculture: How Small-Scale Farms Could be the Future of Food Production. Urban Gardens...
Calgary Passes Single-Use Plastics Bylaw
Takeaways: The city of Calgary has passed a single-use plastic bylaw to decrease the amount of waste the city produces.
Citizens will have to...
10 States Have Now Banned the Sale of Cosmetics Tested on Animals
Takeaways: New York has become the tenth state to ban the sale of cosmetics tested on animals.
The law is known as the New...