Tesla Motors Begins Pilot For 'Fast' Battery Pack Swap Option

Tesla Motors Inc TSLA announced Friday it will pilot a battery pack swap program for Model S owners.

According to the company’s website, the invited owners will be “given the opportunity to swap their car's battery at a custom-built facility located across the street from the Tesla Superchargers at Harris Ranch, CA.”

Last year, the company “showcased battery swap technology to demonstrate that it's possible to replace a Model S battery in less time than it takes to fill a gas tank. This technology allows Model S owners in need of a battery charge the choice of either fast or free.”

The free charging option has already been rolled-out and now the “fast” option pilot-program will “test technology and assess demand” according to the company.

Tesla noted that “at least initially, battery swap will be available by appointment and will cost slightly less than a full tank of gasoline for a premium sedan. More time is needed to remove the titanium and hardened aluminum ballistic plates that now shield the battery pack, so the swap process takes approximately three minutes,” but the company was confident that it could eventually be reduced to less than one minute.

Tesla Motors recently traded at $219.23, up 0.44 percent.

Posted In: News
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