Monday 12 May 2014

Father of Lithium-Ion Batteries Says Tesla Making a Mistake






The new Tesla gigafactory, designed to lower the cost of producing lithium-ion batteries for use in their electric cars, is about to be built. We warned that there are better battery technologies coming which will make lithium-ion obsolete by the time the factory goes into production in three years. Today, it's clear we were right :
The father of the battery technology that powers Tesla’s cars has some advice before electric car manufacturer Elon Musk builds a $5 billion battery factory with Panasonic.

“I would think that by the time they build the factory, there will be a new battery technology,” said John B. Goodenough, a professor at University of Texas’ Cockrell School of Engineering. “I assume they are gambling that the technology can be adapted.”

We shall see whether Elon Musk gambles $5 Billion of Other People's Money on a doomed factory or not.




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