Jordan Giesege of the Limiting described the 20-35% range improvement possible by increasing the silicon in the anode of iron LFP batteries.
This could be used to reduce the weight and lower the cost while keeping the 260 mile range of a made in China Model 3. This could take the cost down from a subsidize $40,000 to $30,000-35000 in 2024. This is key to making Tesla competitive in the $30k-40k EV car segment. This increases the addressable market in China from 20% of the market to about 35% of the market. It increases Europe’s addressable market from 50% to about 80%.
The continued improvement in batteries would make a $25k Model 3 Standard range achievable in 2026.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.