Tesla will make electric vehicle batteries with cobalt-free cathodes. The announcement comes as part of the company’s move to make batteries in-house instead of buying them.
Tesla now says it can make a $ 25,000 electric vehicle – $ 10,000 less than its cheapest model. Cobalt is the most expensive material used in batteries.
‘it’s absolutely critical that we make cars that people can actually afford,’ Musk said today. Musk said:’you’re not going to be able to afford. It is absolutely critical’.
A lawsuit filed against Tesla, Apple, Alphabet, Dell, and Microsoft in December alleges that the companies make their products with little-to-no cobalt. Tesla started working with Chinese battery company contemporary Amperex technology Ltd. (catl) to develop batteries that use little-to-no cobalt.
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