China's 'Tesla-fighter' plans to go public in New York https://money.cnn.com/2018/08/14/investing/nio-china-ipo/index.html
Well, they have lots of batteries And I bet that they could produce decent yet affordable electric vehicles. Just as Japan came to dominate the market for inexpensive small cars.
I will attest to that. Have a smartphone (Huawei) model that sports almost 3-4 days before needing a charge with regular use-used to be 5-6 days but it's now going on 5 years usage and I never shut it off. Maybe 10 times in all those years? If anyone can push the envelope and develop long lasting efficient battery life for a moving vehicle it should be Orientals. It's something they excel at.
Biggest bonus of all. Durability in today's alternate century makes less of a tougher time-more productive time
I've read that the future may actually not be in batteries but in hydrogen cars. That's why I believe Tesla is doomed.
Tesla is well-aware that battery technology is a key competitive driver in electric vehicles. Pretty much everyone that has examined the battery tech in the Tesla's has come away impressed, just a sampling of articles... Tesla's Battery Tech Is Unrivaled - "But Tesla CEO Elon Musk dropped a bombshell on the industry earlier this spring when he revealed that the battery cells in the Model 3 use less than 3% cobalt, a fraction of the amount that other state-of-the-art battery chemistries are using." Tesla is leading electric car batteries away from cobalt mining industry - "Tesla’s battery tech is among the company’s biggest strengths in the electric car market. During a teardown of the Model 3, Sandy Munro of Munro & Associates noted that Tesla’s batteries are the best in the business. Munro, a staunch critic of the Model 3’s build quality and bodywork design, stated that there is no other carmaker in the industry today that makes batteries on par with Tesla." Munro Eats Crow, Finds Tesla Model 3 To Be Highly Profitable - "He also had good things to say about the batteries that power the mid-sized Tesla. Previously, Munro had gone back and forth between LG Chem and Samsung cells as being the best, but now he believes the 2170 cells— which he notes put out 50 percent more power despite being only 20 percent larger than previous ones — produced by Panasonic and Tesla at Gigafactory1 set the standard." Tesla has a 'remarkable' battery technology that one analyst says has been ignored by Wall Street (TSLA) - "But one firm — Germany’s Berenberg — has noticed something else Wall Street may be missing: a crucial battery technology that it says could be a game changer. 'Among the key improvements made to the already industry-leading thermal management system in the Model S/X are the new aluminum cooling radiators that surround each individual cell in the Model 3 pack,' Alexander Haissl, an analyst at the firm…" Wall Street analysts were blown away by the Tesla Model 3's 'next-gen, military-grade' tech — and say that's why the base model will never turn a profit (TSLA) - "The technology in the battery pack appears to be ahead of all current production EVs and the BMS operates within tolerances not seen in others. The focus on modularity and compact design also suggests potential for automated production…. More importantly, the overall performance is superior with much better power, torque, and acceleration." Tesla is already developing next-level battery technology - "Though far from a household name, Dahn is widely regarded as one of the world’s most influential and foremost experts on lithium-ion battery technology. In June of 2015, Tesla inked a 5-year exclusive contract with Dahn and his 25-person strong research group, with the partnership officially kicking off in June of 2016."
Battery technology could be 10x more efficient very soon. My whole body is encased in tinfoil right now. Bering that in mind I tell you battery technology will not be allowed to progress this quickly. It will be 10yrs before battery capacity to weight will double.
It's not that the battery technology is bad, a whole lot of other car companies also make use of it. It's just that the hydrogen tech is probably better, no need to recharge cars for about 15 to 30 minutes is one major advantage.
