tesla pins profit hope to lower-cost battery strategy - 3.7 volt rechargeable lithium ion battery
Tesla Motors
Electric vehicle manufacturers backed by Toyota Motor
Daimler said cheaper batteries would make its Model S sedan much lower than Nissan's sales, making it profitable.
Look for its Leaf car.
The $57,000 electric Model S uses batteries similar to laptops, designed to make money for Palo Alto, California
Ezra delivered in 20,000, CTO. B.
Straw Bell said in an interview.
Carlos Ghosn, Nissan's chief executive, said,
In the absence of government assistance, Nissan and Renault's car sales may need to reach 500,000 vehicles per year to make a profit.
Nissan chooses a larger type of lithium-
In an interview yesterday, Straubel said that Ion batteries mean "they will face a cost challenge that will be more difficult to solve . ".
"This will require a higher number before they actually reach the cost point of internal sustainability.
Tesla has delivered its $109,000 rechargeable sports car since 2008, powered by thousands of small lithium
Similar to the ion battery used in a portable computer.
The Silicon Valley startup says the battery is supplied by Panasonic.
And other manufacturers, will maintain more costs
In the foreseeable future, lithium batteries are more effective than Leaf and GM$41,000 plug
Volt that started selling this month.
Tesla's battery pack could cost only $200 per kilowatt hour, compared to about $700 to $800 per kilowatt hourcalled large-
Lithium battery-
Tesla founder and former chief executive Martin Eberhard said in an interview last month that the ion pack.
Straubel declined to confirm Eberhard's estimate and did not discuss the cost of the Tesla battery pack.
Nissan Electric-
David loyt, spokesman for Yokohama, Japan, said the car strategy cannot be compared with Tesla
North American based company.
He did not elaborate.
"The Nissan Leaf product plan will make a profit in its life cycle," Reuter said . ".
He declined to say how long the $32,780 Leaf product cycle will last.
The company has been developing lithium.
Ion battery technology has been "amortized for many years" over the past 20 years, says Reuter . ". Tesla fell $1. 23, or 4.
$ 4% to $26. 50 at 4 p. m.
Trading on the Nasdaq Stock Market in New York.
Since trading began in June 28, the shares have risen by 56%. Nissan fell 1.
5% to 773 yen of 11. m.
Trading in Tokyo was disrupted.
Stocks fell.
6% per cent in 2010.
While rising prices for Model S cars will make it easier to make a profit by delivering fewer products, Tesla's Straubel says cheaper batteries are the main reason.
It is planned to start selling the car in 2012.
Brett Smith said Tesla's challenge is to ensure the high quality of the battery pack and vehicles as it tries to expand from offering about 1,000 sports cars a year to making 20,000 or more Model S, he specializes in alternative propulsion vehicles at Ann Arbor's automotive research center in Michigan.
"There is a way for their madness," Smith said . ".
"Tesla is using batteries that, while not exactly the same as those in laptops, can be manufactured on existing production lines that have been mass-producedproduce them.
"So, Tesla's battery research and development and lithium battery without spending money
Production of ion batteries, Smith said.
"Especially for a small manufacturer, there is logic in what they are doing," Smith said . ".