(Reuters) - The advanced battery cell design and new manufacturing processes outlined by Tesla Inc <TSLA.O> CEO Elon Musk are promising, battery experts say, but they questioned how quickly they can be implemented and how much they’ll contribute to reducing overall costs.
Tesla's new battery cell — a larger cylindrical format called 4680 that can store more energy and is easier to make — is key to achieving the goal of cutting battery costs in half and ramping up battery production nearly 100-fold by 2030.
"We’re not getting into the cell business just for the hell of it, it’s because it’s the fundamental constraint" to eventually producing 20 million vehicles a year, Musk said on Tuesday in a "Battery Day" presentation that disappointed investors.
Following are comments from battery experts on Musk's plans:
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