The idea of a vehicle that goes 500 miles is very enticing and is every Tesla owners wet dream which may actually come true some day. The building of the Giga factory to make way for the more affordable (newly renamed) Model 3, a possible $35,000 car with about 200 miles targeting the BMW 3 series which is estimated to be in production by 2017 could make batteries much cheaper. Batteries will drive the electric car market, from speed, to range, it is arguably more or as important as the motor itself. A car with 500 miles of range would free up the superchargers that people are afraid could fill up if Tesla cars keep selling the way they do. If you think that a 500 miles range car is never going to happen just imagine what will happen when Giga factories start lowering the cost of batteries, suddenly a 500 miles range $100,000 Tesla doesn’t sound too bad.
In the original article that inspired this post it read, “Estimations have been made about the price an EV with this type of range could be considering that the base price of the Model S is $69,000, and the performance model is well above average at $93,000, with this in mind, the estimations are somewhere around $180,000.“ With ZyklusDieWelt saying on Reddit that it could cost less due to the battery costing less than that since the battery is not 100% of the cost. Although the battery does cost a significant amount the replacement for an 85 kWh battery is only $12,000 but that is only for replacement and most likely costs much more when first purchased with the whole package. The true cost of the battery for a Model S still remains a mystery.
Either way a 500 miles range vehicle could be the nail in the coffin for gas vehicles 5 years from now and I hope to see that day come (if not sooner).