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VisitWill LVCS reduce EV electronics cost by over 10% by end of 2025?
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Financial reports or statements from Tesla or participating manufacturers
Tesla Introduces Low-Voltage Connector Standard to Reduce EV Costs from 200 to 6 Connections
Oct 28, 2024, 02:48 PM
Tesla has introduced a new Low-Voltage Connector Standard (LVCS) aimed at reducing the cost and complexity of electronics in the automotive industry. This initiative invites all device suppliers and automotive manufacturers to adopt the standard, which simplifies the vast array of connectors used in electric vehicles (EVs). Currently, a typical EV utilizes over 200 connections; the LVCS reduces this to just six types of connectors. This standardization is expected to unlock operational efficiencies, lower costs, and enhance manufacturing automation for those who implement it. The initiative comes as the automotive industry grapples with rising electronic costs and complexity over the past two decades.
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