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Posts Tagged ‘90 second battery change’

Tesla’s 90 Second Battery Pack Swap

Tesla Motors unveiled a system that will let drivers swap out the battery in a  Model S in about 90 seconds, which is less time than it takes to fill up a traditional car at the pump.

 

Recently Tesla demonstrated that it could swap the battery in a   Model S faster than a car can be refilled at a gas station.   Tesla hopes the new system will help overcome the fears that many drivers have about the convenience of electric cars.

 

At a demonstration in California Thursday night, Tesla CEO Elon Musk said the battery swap stations will be installed throughout the network of “supercharging” stations that Tesla is already installing around the nation. The supercharging stations currently provide free recharging in about an hour. Musk said the battery swap, which will cost between $50 and $80, will allow drivers to get back on the road faster if they’d like.

 

“The only decision you need to make when you come to one of our Tesla stations is, do you prefer faster or free,” he said. “Our goal here was to eliminate the objections that people have. We want to show that [Tesla] can actually be more convenient than a gasoline car. Hopefully this is what convinces people that electric cars are the future.”

 

While Tesla showed the Model S battery swaps, there were TV’s above the swapping station showing a 4-minute video of a driver filling up at the pump. The cost of the 23 gallons of gas purchased at the Los Angeles gas station in the video was $99.83.

 

According to analyst Trip Chowdhry of Global Equities Research, the quick-charge stations will be a money maker for Tesla, which plans to spend about $100 million installing the stations.

 

“We estimate Tesla margins on battery swap stations could be north of 60%,” he said.

 

REPOSTED BY MIDWEST GLASS TINTERS FROM: CNN Money