Elon Musk lost his position as the richest man in the world while embroiled in a contentious
44 billion dollar buyout and significant reorganization of Twitter since then mocking
Elon Musk has almost become a global sport but as it becomes clear just how much Tesla musk's EV
company is poised to take control of the world's highways it is becoming much more likely the musk
will come out on top and just recently he just leaked a new EV battery that charges in 72 seconds
what battery is this let's find out hello everyone welcome back to Elon Musk Evolution where we bring
you the most recent news about Elon Musk and his multi-billion dollar companies space news and the
latest science and technology but before we begin make sure you subscribe to our Channel and click
the Bell icon so you don't miss any of our amazing videos in the previous week musk also triumphed in
the legal battle involving his tweets from 2018 in which he claimed to have secured funding to take
Tesla private a 3.6 billion dollar investment by Tesla into its Nevada gigafactory which musk
revealed late last month has helped the company's shares rise more than 30 percent Tesla exhibits
extraordinary cost effectiveness how far ahead of the competition Tesla is in terms of battery mass
production and pricing was finally made clear by the significant investment made into the
gigafactory Tesla according to musk will soon be the dominant automaker in the world and is
currently the industry leader in profitability and Manufacturing efficiency in addition to
high volume production lines for Tesla's upcoming semi-electric truck the Nevada Factory expansion
will be able to produce 1.5 million light Vehicles annually in terms of batteries with a stretch goal
of five times that number given that Tesla is already very close to the bottom of the
cost curve for battery production which is already compelling other car manufacturers to offer their
EVS for less than cost merely to compete that would have really sent shivers through the rest
of the automotive industry price reductions for Tesla vehicles are a sign of strength
the fact that Tesla's car prices are declining which some Twitter haters interpreted as a sign of
desperation to finance the acquisition is really just evidence of the company's continued market
dominance in the EV space and its ease in cutting its large profit margins to hurt rivals Tesla has
pre-tax margins of 17 which is approximately twice what the rest of the industry average is according
to analysts who studied the Investments fine print including Adam Jonas from Morgan Stanley Tesla is
able to produce battery production capacity for around a third of the price of its top rivals
as a result the company has already slashed the cost of investing in batteries per gigawatt hour
in half and is on track to reach its long-term goal of reducing battery production costs to 69
percent of 2020 pricing Toyota could face serious problems that is terrible news for manufacturers
who have fallen behind in the race but it is truly ominous news for other EV producers in
China and the U.S analysts have noted that Toyota is in significant Jeopardy as a result
of its Reliance on internal combustion engine cars and lack of success with EV manufacture
Toyota has long been praised for its leadership and ability to manage manufacturing costs but
there is now widespread fear that the company is so far behind the rest of the world in EV
production that it will be difficult to catch up furthermore its huge ice production facilities
can end up becoming stranded assets with declining value Toyota Senior Management
is changing the first concrete indication that Toyota is responding to the threat came with the
Revelation that Akio Toyota will step down as CEO of the top selling automaker in the world on one
April leaving Koji Sato with the difficult task of catching up on EV production from essentially a
standing start that is a challenging request given the declining costs of EVS the fact that Tesla is
outpacing many rivals with its second generation platform and the third generation is on the way in
addition to cheaper batteries better performance and features and the fact that the company is
winning the race against many rivals by the time Toyota's EB production is up and running which
could take some time there may already be a large supply of superior cheaper EVS available for sale
in the market making it difficult for even the largest automaker in the world to compete on price
analysts contend that Tesla is in the greatest position to achieve the same results for Ev
batteries after solving the EV production cost efficiency Challenge and earning record profits
per vehicle as a result according to reports its capital expenditures for producing 4680 cells are
up to 70 percent lower than those of the top Korean or even Chinese battery manufacturers
according to Morgan Stanley analyst Adam Jonas Tesla will have 60 to 70 percent lower Capital
expenditures to generate a gigawatt hour of battery capacity than the top Chinese and Korean
battery makers as a result of the 3.6 billion dollar Nevada gigafactory expansion Tesla will
be able to do for Ev battery production costs what it already did for electric vehicle production
costs namely make them in the most efficient way possible and reap record profit margins this will
be possible in combination with the government subsidies for made in America batteries specified
in the inflation reduction act the analyst went on to say that Tesla is in the ideal position to ride
the cost curve down in batteries just as it did for vehicles even if lessons from the past teach
us that once a technology is industrialized and substantially subsidized it tends to erode profits
for battery makers with the recently announced 100 gigawatt hour 4680 battery capacity expansion of
the Nevada Factory Tesla will be generating 3.5 billion dollars per year simply from government
subsidies according to the inflation reduction act which includes an annual subsidy of 35 dollars per
kilowatt hour for made in USA batteries also the 35 dollar per kilowatt hour made in U.S battery
subsidy might be increased by an additional 10 dollars per kilowatt hour in tax credit for
the entire pack as long as it is put together in the U.S at the most recent investor meeting Elon
Musk stated the following regarding batteries the production rate of 4680 cells reached 1 000 cars a
week at the end of last year and we're increasing capacity for 46.80 cells by another 100 gigawatt
hours as announced at Giga Nevada yesterday our long-term goal is to get to well in excess of 1
000 gigawatt hours of cells produced internally and continue to use the self-sell providers
so to be clear we will continue to use other cell providers just that the demand for Lithium-ion
batteries is quasi-infinant and will be for quite some time so we feel we can scale a lot faster
using both suppliers and internally produce cells and we've got an amazing plan for making the 4680
cell low-cost and high energy density long term we expect these the value of these credits to
be very significant you can do the math if we were to get anyone your 1000 gigawatt hours a
year of production or even a few hundred gigawatt hours it's very significant so but the credits do
rely upon domestic manufacturing and in the case of Panasonic domestic manufacturing we
are splitting the value of the credits so it the value of credits this year will not be gigantic
but I think it could be gigantic we think it probably will be very significant in the future
due to its ongoing search for production cost savings which even includes obtaining the exact
length of cabling required throughout the vehicle and not a single inch over Tesla already generates
nearly ten thousand dollars U.S in net profits for each vehicle Tesla's advantage in EV production
efficiency becomes very clear when compared to Ford's recent realization that they added over
one mile of wires in the Mustang Mach e that are actually not needed for the vehicle's operation
Tesla will be riding on that money train too as the tax credits will be given out until 2032
which has spurred a virtual frenzy among both EV and battery companies to develop or expand cell
plants in the U.S Tesla has obtained permissions for new battery facilities in Giga Texas in
addition to the expansion of the gigafactory Nevada 4680 battery manufacturing facility
likewise Tesla is looking into the possibility of building a lithium Refinery along the Gulf Coast
the model-wise 4680 cell to chassis power system is already considerably less expensive to produce
than the SUVs standard Panasonic 2170 battery at roughly the same adjusted energy density and Tesla
made cells appear destined to continue falling in price in the future making its electric vehicles
even more competitive the model Y is built at Giga Texas electric vehicles depend heavily on
battery technology which have advanced in recent years and now give EVS better performance and
from this point forward let's check the most recent advancements in electric vehicle Battery
Technology in terms of greenhouse gas emissions the transportation sector is second only to the
energy sector researchers industry groups and governments throughout the world are all very
concerned with finding solutions to this problem and minimizing the industry's contribution to
climate change the demand for ultra low emission Vehicles has grown significantly in recent years
propelling a considerable advancement in the global electric vehicle Market EV sales have
continued to expand despite some disruption from the global covid-19 outbreak to the automotive
sector in 2020 Global sales of electric vehicles nearly quadrupled by 43 percent compared to 2019
levels increasing the market share of EVS to 4.3 percent once more Global sales in 2021 doubled to
6.75 million units the weekly sales of electric vehicles will surpass those of 2012 by 2021.
With Many Nations seeking to phase out the sale of new internal combustion engine Vehicles completely
over the ensuing decades meeting global net zero objectives is a significant aspect of
this revolution in EVS range anxiety battery performance and sustainability continue to be
major issues with electric vehicles a new Gold Rush has been compared to the Quest for better
EV batteries a major area of concentration for Industrial Research is creating battery
technologies that will improve the performance dependability and safety of EVS while also
extending their range and reducing their charging periods the EV sector will be able to meet
consumer wants and handle their concerns thanks to several significant advancements that researchers
and automakers have highlighted over the past few years driving the transportation industry
toward a post-carbon paradigm is crucial despite the many obstacles that still need to be overcome
the time required for charging an EV is one of the main issues preventing its mainstream consumer
adoption at the moment current commercially available models cannot compete with ice
vehicles in this regard despite improvements in charging times from the several hours that
EVS required up until recently it would be a game-changing advancement in Battery Technology
if a battery could be charged faster than it takes to refill an internal combustion engine
car this would greatly enhance public interest in these cars the new battery technology developed
by the Swiss startup morand cuts the amount of time needed to charge an EV to only 72 seconds
Innovative EV batteries from The Firm are hybrid systems that combine Ultra capacitor and
traditional Battery Technology the system known as e-technology can charge an electric vehicle to 100
percent in just 2.5 minutes and can deliver an 80 charge in just 72 seconds however the technology
is perfect for tiny City cars e-bikes and drones despite not being able to match the needs of
long-range EVS extreme temperatures are no problem for the technology though for Ev battery makers
safety is of utmost importance even though it's uncommon Lithium-ion batteries can catch fire
especially if they're damaged companies invest a lot of money each year in researching and testing
safer batteries that don't risk catching fire an electrolyte that is fireproof even at severe
temperatures of over 140 degrees Fahrenheit has been created by researchers at Stanford University
extra lithium salt in the electrolytes is the key components of this solution a polymer based
electrolyte was given a dose of lithium salt more particularly lye FSI new knowledge about interface
chemistry has been offered by researchers from the U.S department of energy improved energy density
depends heavily on the interface of a battery the electrolyte and anode form the interphase while
the battery goes through charge and discharge Cycles the solid electrolyte interphase and
Lithium-ion batteries was extensively studied by the researchers who also revealed its complex
chemistry in a paper that was published in nature nanotechnology the researcher's
method made use of the national syncotron light source 2's x-ray powder diffraction beam line
the team's creative strategy made use of a special mix of Cutting Edge x-ray methods to
deliver an unprecedentedly accurate chemical map of interface components future researchers will be
able to build better interfaces for lithium metal batteries because of the research's revelation of
intricate aspects of interphase chemistry well we hope that these Advanced Technologies and EV
batteries will fall into Elon musk's good hands and that ends today's episode what do you think
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