Tesla will launch its next generation of batteries with a new battery cell design that will be more efficient and lighter than the one used in the Model S, the company said.
The new cells will be available in the third quarter of 2019, Tesla said on Tuesday, adding that they will use “a more efficient process.”
The new batteries, which are not expected to hit the market until the second half of 2020, will be made with “new battery technology and a new material, which is the Apex,” said company Chief Executive Officer Elon Musk in a statement.
Tesla is working on a new version of the battery.
Apex is a high-performance polymer with carbon nanotubes that forms a carbon dioxide layer on top.
The new material will allow the new cells to last longer and deliver greater energy density than previous Tesla batteries.
Tesla is also working on batteries with smaller sizes.
Musk said in January that the company would offer smaller lithium-ion batteries for use in electric vehicles.
Tesla said the new battery cells will use a material called “perennial aluminum” and will have higher efficiency and lower weight.
The company also said it will launch “a series of advanced technologies that will enhance the battery performance of the Model 3 and enable it to reach the mass production goal.”
Musk also said in the statement that Tesla will begin testing of the new technology in early 2019.
Tesla currently has more than 6,000 customers in the U.S. and plans to expand to about 1,000 by 2025.
Tesla will sell the new batteries in four new models by the end of 2019.
The cars will be powered by a hybrid or plug-in electric motor, and the company will build the battery cells in-house.
Tesla announced in April that it would acquire a solar panel manufacturing company in Nevada for $3.3 billion.