Tesla Powerwall 2 battery prices jump, as production focuses on Model 3 EV

Tesla is no doubt throwing all its efforts at ramping up production of its electric vehicles sales, particularly the Model 3, as it seeks to allay concerns about production, and stop the drain in cash resources and finally move to profitability.

The efforts look like paying off, at least in the short term, with Tesla delivering a record 83,500 vehicles in the latest quarter, including 53,239 Model 3 EVs. Time will tell whether that effort is sustainable.

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But it is having an impact elsewhere, most particularly for customers of the Powerwall 2 battery storage system. In Australia, the battery storage systems are already difficult to obtain, as battery production focuses on EVs, and now consumers will be facing a significant price hike, which could translate into hikes of up to $2,000.

Tesla has advised installers that the price of the Powerwall 2 facility will jump significantly, both for the battery itself and because of a new version of the Gateway communications box.

The Gateway, which provides the electronic “smarts” for the battery, including its ability to continue delivering electricity when the rest of the network is done, appears to be the biggest hit to prices, with the dealer price more than doubling to $2,000 with the latest version.

The battery itself will cost around 10 per cent more to dealers, and this will all translate into an increased cost to the consumer.

Read more: Renew Economy

By |2019-03-27T11:01:46+00:00October 14th, 2018|Home Battery, Home Energy Storage, News, Reviews, Solar and Battery, Uncategorized|
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