Fresh from his company’s success, Tesla CEO Elon Musk is expressing his company’s quest for a new type of battery that uses another material. He called on nickel miners and even offered a proposal, ‘giant contract for a long period of time’ as he put it, to any company who will be able to mine the metal in an environment-friendly manner.
The company’s current battery technology employs a combination of nickel, cobalt, and aluminum. But he lamented how expensive batteries are and how it continues to hound Tesla.
He was quoted in a report on website Mining.com saying, “the real limitation on Tesla growth is cell production at an affordable price”. “That’s the real limit,” he added.
The move to nickel
The automaker is on the move to change its battery’s technology with the use of nickel seen as the better alternative to the status quo. However, just recently, Tesla has reportedly inked a deal with Glencore to provide cobalt to its production factories. This has muddied the company’s resolve to be able to move away from the use of cobalt in its batteries.
According to experts, using nickel in battery cells make it ‘energy-dense’. What is meant by this is that it helps make manufacturers make cells tinier, less heavy, and gives better mileage run on a single full capacity charge.
As Mining.com reports, the possible reason for Musk’s call is due to the prices of nickel dropping record lows in the past months.
Nothing is for sure yet but the company is set to announce developments on their cars’ batteries on its Battery Day scheduled on the 15th of September.
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