Tesla on the cusp of cobaltfree batteries for China, report says – Roadshow

Less cobalt in batteries isn’t just good from a cost perspective, it’s good for the environment, too. Tesla is readying an announcement regarding its first cobalt-free batteries for electric cars , according to a new report from Reuters on Wednesday. The potential imminent reveal comes after months of rumors that Tesla has plans for a new lithium-iron phosphate battery , specifically Chinese Teslas. Tesla did not immediately respond to Roadshow’s request for comment, but sources who spoke to Reuters said an announcement may come as early as Thursday. A pivot from the nickel-manganese-cobalt batteries Tesla currently uses for the Model…