Skip to main content

Tesla Makes a Big Move To Make EV Batteries Cheaper Than Ever Before

Tesla is making a new significant move in battery research, making a new $3.1 million investment to Dalhousie University

Tesla is making a new significant move in battery research, making a new $3.1 million investment to Dalhousie University to help advance battery development.

Jeff Dahn's battery research team at Canada's Dalhousie University has received six million US dollars. The Natural Sciences and Engineering Research Council (NSERC) is providing $ 2.9 million of this, with a further $3.1 million from Tesla.

As is well known, the Californian company works very closely with Dahn and his team on battery research. The six million dollars or the equivalent of 4.95 million euros are the largest such amount of funding that Dalhousie University has ever received, the university said in a statement.

The exclusive battery research partnership between Tesla and Dalhousie University, which began in 2016, was extended to at least 2026 in January 2021. In the course of this, two new research chairs were established, occupied by the Chinese Chongyin Yang and the German Michael Metzger. "I am very grateful for this support from NSERC and Tesla," says. Dahn. "This will allow Chongyin, Michael, and me to solve many remaining puzzles that will help improve battery life and reduce costs."

In addition to the costs and the increased service life, the focus of research is on increasing energy density, improving safety, and increasing the content of sustainable materials. Officially, it's not just about batteries for electric vehicles, but also for stationary battery storage systems.

Also, watch how Tesla's latest move could make EV batteries cheaper than ever on Torque News Youtube channel and please subscribe us on Youtube and follow on Twitter for daily Tesla and EV news reports.

Reference: Inverse

Armen Hareyan is the founder and the Editor in Chief of Torque News. He founded TorqueNews.com in 2010, which since then has been publishing expert news and analysis about the automotive industry. He can be reached at Torque News Twitter, Facebok, Linkedin and Youtube.