LG to Make Cheaper 4680 Battery for Tesla Cybertruck and Model Y in the US with Cold Weather Cathode
LG's breakthrough in precursor-free cathode technology will enable it to produce cheaper 4680 batteries, which are expected to increase power output in cold weather conditions. The new production method reduces energy expenditure and eliminates toxic solvents, resulting in lower production costs. Tesla plans to use these 4680 batteries for its Cybertruck, Model Y Juniper refresh, and other vehicles.
- The economies of scale achieved by LG's increased 4680 battery production capacity could lead to significant price drops for electric vehicles, further accelerating adoption in the US market.
- As the demand for 4680 batteries continues to rise, will Tesla be able to maintain its supply chain reliability and avoid bottlenecks that have plagued other industries?