Tesla spent “$3” to acquire electric vehicle battery patents

At the Battery Day event last year, Tesla mentioned that it would make multiple changes on the production line to reduce the cost of manufacturing batteries for electric vehicles. One of them is Drew Baglino, senior vice president responsible for power chain and power engineering, mentioned that the production cost of lithium battery negative electrodes can be reduced by more than 75% through the reuse of water. To this day, we finally know where this technology came from.

Posted on