Leicester Electric’s new battery is cheaper than you think, says CEO

The electric car manufacturer Leicester Electric has launched its first battery that has a more powerful electrical motor than most competitors.

The new battery will cost between £1,000 and £1.2, with the manufacturer announcing it is also available for smaller electric cars.

The battery is made by a UK-based company called Powerhouse and is based on an existing lithium ion battery that the company has been working on for years.

The batteries range from a single battery unit that can power up to six cars up to two large lithium ion batteries that can hold up to 18 electric vehicles.

Powerhouse CEO Simon Burdon said: “It’s a huge leap forward for us.

It means we can go from an electric car to a battery-powered vehicle.”

Our batteries are the fastest-growing category in the market and the most expensive.

“The new batteries are being used by Tesla Motors, a British company, and by Mercedes-Benz and other electric car makers.

However, Burdons said the company was confident it could bring down costs for its customers by up to 50 per cent.”

There is a huge potential in battery technology to bring down the cost of electricity,” he said.”

In our battery business, we have a significant amount of capacity and there is a big opportunity in battery storage, but we need to be able to scale up and we need the right technology and the right economics.

“If we don’t have that we will have a difficult time competing with the likes of Tesla and Mercedes.”

The battery was initially developed for the Tesla Model S electric car, which is powered by an 85kW battery pack that is the same size as the Tesla’s main battery pack.

However the Tesla model S has been outfitted with a larger electric motor, and Burdson said it was only a matter of time before a larger battery was required for larger electric vehicles as well.

The first batch of the new batteries is expected to be available to Tesla customers by the end of the year.

Tesla CEO Elon Musk said that it was a great step forward for the battery industry and that he hoped it would have a similar effect on electric cars across the world.

“Tesla is on track to achieve its goal of doubling the battery’s capacity over the next 15 years,” Musk said in a statement.

“This will allow Tesla to deliver a much better product, drive lower prices and deliver a more efficient battery pack for its drivers.”

Tesla’s new batteries were built at its Gigafactory in Nevada, and the company hopes to deliver hundreds of thousands of battery packs by 2020.

The company said the new battery would help the company become a leader in battery technologies.

The project has already brought new production to the US, but Tesla said it is aiming to increase production in the UK by as much as 40 per cent in the next year.