Tesla, the maker of electric cars and renewable energy products, may soon start a battery replacement recycling program for its customers. In an environmental report released earlier this year, the company hinted at the possibility and confirmed that it was building a battery recycling system at a Nevada superstation.
Tesla will also launch a battery recycling program at its service center in Southeast Asia, the company said. This comes after NIO, one of the country’s “new powers”, just announced a preferential car purchase based on the rental of power batteries.
Clearly, this new model has had an impact on Tesla’s market competitiveness within 300,000 (including the Model 3 and Model Y models).
According to CEO Elon Musk’s comments on social media, Tesla’s current power battery life is between 300,000 and 500,000 kilometers. If replacement is required, the quote is between $3000 and $7000.
According to the U.S. Department of Energy, U.S. passenger cars travel an average of about 26,000 kilometers a year. Given that most owners don’t buy cars for long, it’s clear that Tesla won’t be expecting a new peak in battery replacement anytime long.
Given the considerable concentration of supply chains and manufacturing facilities in the eastern part of the country, it is clear that the replacement cost of power batteries can be reduced.
Rumours on Twitter suggest that the country’s new battery recycling program could help Tesla pull costs further and increase the range of vehicles.
Looking ahead, Tesla may strive to achieve a 100% recyclable target for power batteries, resulting in higher economic and environmental benefits.
Even so, the company’s immediate priority is to try to extend the battery recycling period.