Paul Leinert reports an amazing read in Reuters. Tesla is planning to launch breakthrough electric batteries that will make the cost of electric powertrains as economical or even better than gasoline.
As if that’s not enough, Tesla is going to build “Terafactories” in China to produce these batteries. Terafactories will be at least an order of magnitude bigger than Tesla’s Nevada “gigafactory”.
There’s also some battery chemistry in the piece, as well as an academic laboratory from Nova Scotia, of all places.
It’s almost too out there to believe, but it seems just plausible and Paul is one of the automotive industries best reporters on future technology.