At Battery Day, Tesla has outlined a plan to significantly improve the energy density of its battery systems, reduce the price per unit, and also reduce investment costs in new manufacturing capacity.
Here we will stop for a while at the range increase, which is expected to reach 54%, as a result of multiple factors.
Range increase by 54%
Price reduction ($/kWh) by 56%
Investment ($/GWh) reduction by 69%
54% is not a small improvement, especially since Tesla's batteries are considered as one of the most energy-dense already.
The company intends to achieve its goal through improvements in several major areas.
Range increase factors:
cell design: 16%
anode material: 20%
cathode material: 4%
cell vehicle integration: 14%
Total range increase: 54%