Tesla plans for more efficient battery production

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Tesla has revealed a host of production innovations to make lithium-ion battery manufacturing more efficient and reduce costs, including in-house battery cell production, which could cut the miles travelled for the battery production by 80%, and the reduction of the cobalt content of the cathode, which would bring further supply chain savings

At its annual shareholder meeting and battery day event, Tesla revealed a host of production innovations to make lithium-ion battery manufacturing more efficient and reduce costs. Although the premium electric vehicle maker keeps its cards close to its chest when it comes to how exactly it will achieve these innovations, it did announce plans to start its own battery cell production to supplement those provided by suppliers.

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