Musk said Tesla's new model may be a small electric hatchback

According to reports, Tesla CEO Elon Musk introduced Tesla’s efforts in the next few years at the European Battery Conference. The company will continue to launch electric vehicles with a longer range on the market. In terms of the launch time of the new car and other specific information, Musk did not disclose more information.

Tesla is currently building a factory near Berlin, Germany, which will be responsible for producing cars for European consumers, including small cars that can be easily driven in crowded urban environments. Musk hinted earlier this year that Tesla might design a hatchback in Germany.

Musk said at the event: "It is very meaningful to produce a compact car in Europe. We may produce a hatchback. I believe there will be other models."

Musk said on Tuesday that Tesla will launch an improved version of its existing models to make it have a cruising range close to 700 kilometers, and that the company is currently developing a car with a longer cruising range, which may reach 1,000 kilometers. Earlier, Musk said on Twitter that the latest Roadster electric sports car will have a range of more than 1,000 kilometers, but the production of the car has fallen behind the schedule.

On Monday, Tesla's stock price soared, and Musk surpassed Bill Gates to become the world's second richest man. At the event held on Tuesday, he joined the German Economy Minister Peter Altmaier and his Italian counterpart Stefano Patuanelli as the protagonists. The presence of these big names reflects Europe's optimism towards the surge in demand for electric vehicles.

Tesla currently sells models including Model 3, Model Y and Model X. Earlier, Musk said that in the German capital Berlin, he found that it was difficult to find a large enough parking space when driving Model X. The length of this car reached 5000 mm. Musk said: "I was driving a Model X near Berlin, but it has been difficult to find a parking space to park this car."

The length of all Tesla models exceeds that of Volkswagen's models of the same level. As a local German company, Volkswagen produces cars more in line with the local driving and parking environment.

Battery cost

Earlier this month, Chinese battery manufacturer Honeycomb Energy Technology Co., Ltd. announced that they would join the larger Ningde era and build a battery factory in Germany. At the same time, Tesla battery supplier Panasonic may also build a factory in Norway.

Local manufacturers, including Swedish start-up NorthVolt and a joint venture between PSA Group and energy giant Total, also plan to challenge the dominant position of Asian battery manufacturers.

In September of this year, Tesla held its own "Battery Day" event. At this event, Musk proposed a plan to build a car with a price of only US$25,000 in the next three years. The battery cost is reduced by about half. If you want to produce a real electric car for the mass consumer market and achieve profitability, Tesla needs more battery supply than it is now, and the battery cost is also lower.

Most car companies in the world have not adopted the mode of producing battery cells by themselves, because in the eyes of these car companies, in this industry dominated by Asian manufacturers such as LG Chem, CATL and Panasonic, producing batteries on their own requires high investment. Costs, and the automakers themselves lack battery manufacturing expertise.

The European Union said on Tuesday that by 2025, the region will be able to produce enough batteries to power a rapidly growing fleet of electric vehicles, thereby eliminating dependence on imported batteries.

Tesla and Musk have the ability to provide funding for battery development. On Monday, driven by another sharp rise in Tesla’s stock price, the 49-year-old entrepreneur’s net worth soared to $128 billion, surpassing Microsoft co-founder Gates.

Tesla's plant under construction in Berlin, Germany, is the company's first plant in Europe. This plant plans to start producing cars in the middle of next year, and its final production capacity will reach 500,000 vehicles per year. For Tesla, the Berlin factory is an important expansion, because Germany is the headquarters of traditional car companies such as Volkswagen, BMW and Daimler. In the future, these traditional car companies will compete with Tesla more and more fiercely. , They have already launched their own electric cars.

Musk said at this meeting that Tesla is developing batteries that are cheaper, longer range, and more environmentally friendly than existing batteries. These batteries will be produced in the Berlin factory in the future.

When talking about the battery cells that Tesla has been developing in the California factory, Musk said: "We have now reached the desktop level. Our goal is to be able to complete production at the pilot plant level soon, and then Berlin-Berlin The Landenburg plant will begin to be responsible for mass production."