Tesla Unveils Battery Swapping Technology

Co-founder of the Internet financial service PayPal and owner of electric car maker Tesla Motors, billionaire Elon Musk, is pushing hard for enabling long distance travel in electric cars.
At an event Thursday in Tesla’s design studio in Los Angeles, Musk unveiled a new battery swapping system that automatically replaces a discharged battery with a fully charged one in about the same time it takes to fill up a 50-liter gas tank, and for about the same price.
Recharging the …

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