Tesla plans to release an affordable small electric car with a 53kWh battery, as per Master Plan Part 3

On April 5th, Tesla released the full document of its sustainable energy development Master Plan Part 3, revealing information about its new small electric car.

Tesla
Tesla Master Plan Part 3

On page 22 of the document, Tesla announced its electric vehicle strategy:

  • A TBD small electric vehicle will be equipped with a 53kWh Lithium Iron Phosphate (LFP) battery and has a target sales volume of 42 million units.
  • Medium cars (such as Tesla Model 3 / Y) will be equipped with a 75kWh Lithium Iron Phosphate battery and has a target sales volume of 24 million units.
  • Large sedans, SUVs, and trucks (such as Tesla Model S / X and Cybertruck electric pickup) will be equipped with a 100kWh high-nickel battery, with a target sales volume of 9 million units.
  • Long-range heavy trucks (such as Tesla Semi heavy-duty) will be equipped with an 800kWh high-nickel battery, with a target sales volume of 2 million units.
  • The table also mentions Tesla commercial/freight vehicles, Tesla public buses, etc., which are equipped with 100kWh high-nickel batteries and 300kWh Lithium Iron Phosphate batteries respectively.
Tesla
Tesla Master Plan Part 3

On another image, Tesla showed off two unreleased vehicles with undisclosed designs, one of which is expected to be a sedan, while the other appears to be taller.

Tesla
Tesla Master Plan Part 3

According to previous reports, Tesla plans to launch an affordable model, referred to as the “baby Model Y”, with an annual production capacity of up to 4 million vehicles. Half of the production will be in North America, while the other half will be split between Germany and China.

Tesla
Concept image

Tesla CEO Musk revealed in 2020 that the company is developing autonomous battery technology to make a $25,000 self-driving electric car possible. In March of this year, Tesla’s Chief Engineer, Lars Moravy, also stated that the company hopes to manufacture a “next-generation” vehicle at half the cost of the current Model 3 or Model Y.

Source:IThome

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