It Happened! Elon Musk Revealed Crazy Concept Battery LTO, That Break All Industry!

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It Happened! Elon Musk Revealed Crazy Concept Battery LTO, That Break All Industry!

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Their final product is a new battery with a life cycle of up to 30,000 cycles equivalent to 82 years and optimize the charging time 10 minutes.
So what type of battery is being mentioned? How does it play an inevitable role in the transformation of this industry?
But before we begin, make sure you subscribe if you haven’t already and ring the bell so you’ll never miss out on future updates from Tesla Car World. Now that we’ve taken care of all that, let’s get started on today’s episode!
Lithium titanate battery (LTO)- the chemical formula is Li2TiO3 and the anode material is lithium titanate. It is a rechargeable battery that has the advantage of charging faster and longer life cycle than other lithium-ion batteries.
The first question is, what are the pricing advantages of LTO batteries?
To highlight the price advantages,making comparisons between the same voltage of 40 Ah 3.2V the price of LTO battery is 38.70 USD which is nearly 10.00 USD cheaper when compared to the price of 48.58 USD lithium iron phosphate (LiFePO4) battery. In addition, you will save 13.95 USD by purchasing an electric car by using an LTO battery instead of a car using a lithium-ion battery for 52.65 USD. To be honest, the price of electric vehicles will be influenced by reducing battery prices. Therefore, when a product is powered by any type of battery, the price of that battery determines the price of the product.
So, what stands out about the life cycle of LTO batteries?
It Happened! Elon Musk Revealed Crazy Concept Battery LTO, That Break All Industry!