Tesla Motors unveiled a new, super-quick battery swapping system on Friday in an effort to boost people's confidence in the company's electric cars, Reuters reported.
The automaker will release the new stations on both coasts later this year, beginning with the route from Los Angeles to San Francisco and from Washington D.C. to Boston. CEO Elon Musk said the goal for the ultra-fast swapping stations is to give drivers of the electric cars confidence in taking long road trips.
"There are some people, they take a lot of convincing," Musk said at an event at his company's Los Angeles studio. "Hopefully this is what convinces people finally that electric cars are the future."
Electric cars, despite their freedom from gas, have not caught on because of high prices, limited range and very few places to charge up. Tesla's previously available charging stations were free, but took around 30 minutes to charge and only gave drivers 200 miles.
During the demonstration in front of hundreds of Model S electric car owners, the new swapping system changed the battery of the car and replaced it with a new one in 90 seconds. Meanwhile, a Tesla employee was being filmed at a gas station filling a 20-gallon tank of gas, taking four minutes.
The new swapping system will cost drivers about the equivalent of a full 15-gallon tank of gas: $60 to $80.
Musk told Reuters earlier in the week that the new stations would cost the company about $500,000 each to build and would be an overall investment of around $50 million to $100 million.
Tesla has sold thousands of their luxury cars despite an overall unpopularity. Investors have been more than pleased with the company's growth, as shares have tripled in the past year.
The new swapping stations will operate with a delayed day feature. Drivers will be billed for the battery swap automatically while the station does its work.
"You don't even have to step out of the car," Musk said.
He also said the new stations will not be the end of the ones already in place. If drivers wish to charge their car for free, they are more than welcome to use the 30-minute charging station. Drivers can also plug in their cars at home or in stores.
After re-charging a Model S in 90 seconds, Musk boasted, "We are working to improve that, of course."