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PHOTO CAPTION: Tesla CEO Elon Musk with second of two Model S cars to swap batteries in 90 second demonstrations.

Tesla Reveals 90-Second Battery Exchange Technology

A battery replacement network across the United States would cost between $50-100M, according to Tesla CEO Elon Musk.

Published: 23-Jun-2013

Tesla Motors Inc on Thursday unveiled a system to swap battery packs in its electric cars in about 90 seconds, a service Chief Executive Elon Musk said will help overcome fears about their driving range.

The automaker will roll out the battery-swapping stations later this year, beginning along the heavily-traveled route between Los Angeles and San Francisco and then in the Washington-to-Boston corridor.

"There are some people, they take a lot of convincing," Musk said at an event at Tesla's Los Angeles design studio. "Hopefully this is what convinces people finally that electric cars are the future."

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