Part 3/12:
Assuming CATL's claims hold steady, this energy density increase could translate into an additional 41 miles of range for Tesla’s EVs. However, this figure hinges on mass production scale and cost reductions. Initially, these batteries are expected to be more expensive than existing LFP batteries but less costly than traditional nickel and cobalt-based chemistries, which power Tesla's higher-end models. This positions the M3P batteries as a potentially cost-effective upgrade that could improve affordability while offering improved range and performance.