In an attempt to bring the best quality at the lowest costs, Tesla Motors Inc. (NASDAQ: TSLA) has partnered exclusively with lithium battery expert Jeff Dahn.
Dahn is a development pioneer for lithium ion batteries and has worked with 3M Co., Intel Corp., and Rayovac and Medtronic PLC. He is also a professor at Dalhousie University, teaching both chemistry and physics.
The reason for this partnership is cost-cutting. Tesla, big on batteries for homes, businesses, and cars, wants battery designs that will be efficient enough to sell at low costs to the public. To meet demands of the public in 2020 (when many of the Powerwall and Model 3 cars will be on the market) the current cost of their lithium ion batteries will need to be cut in half.
“We are definitely on a road map to achieve half the cost,” says Tesla’s chief technologist JB Straubel.
A new partnership between the world’s forerunner in lithium ion technology and a previously established lithium battery expert: it can only mean good things for both parties.
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