Tesla’s secret batteries aim to rework the math for electric cars and the grid

ByJerome Smith
tesla’s-secret-batteries-aim-to-rework-the-math-for-electric-cars-and-the-grid

http://feedproxy.google.com/~r/venturebeat/SZYF/~3/eASCFNWxBNI/

(Reuters) — Electric car maker Tesla plans to introduce a new low-cost, long-life battery in its Model 3 sedan in China later this year or early next that it expects will bring the cost of electric vehicles in line with gasoline models, and allow EV batteries to have second and third lives in the electric power grid.  » ….