Tesla will set up an electric-car manufacturing unit in the southern Indian state of Karnataka. Tesla is exploring an arrangement with Indian conglomerate Tata Sons’ power generation unit, Tata Power, to set up charging infrastructure for electric vehicles in the country, CNBC-TV18 reported on Friday, citing sources. Shares of Tata Power rose 5.5 percent to […]
President Biden hopes to build 500,000 new electric car chargers by 2030.
President Joe Biden wants the US to build 500,000 electric vehicle charging stations over the next decade. The US could have 35 million EVs by 2030, requiring millions of plugs where the country only has 100,000. More plugs would do wonders for an industry transition to EVs, but enticing companies to build them isn’t always […]
Ola wants to be the Tesla of affordable EVs
Ola wants to own the entire value chain—from engineering, manufacturing and sale of electric vehicles (EVs)—beginning with electric scooters and then small electric cars. Bengaluru: Ola is seeking to transform itself from being a mobility services provider to a player in the burgeoning low-cost electric vehicle (EV) market globally, modelling itself on Elon Musk’s Tesla […]
Tesla Is Plugging a Secret Mega-Battery Into the Texas Grid
Elon Musk is getting into the Texas power market, with previously unrevealed construction of a gigantic battery connected to an ailing electric grid that nearly collapsed last month. The move marks Tesla Inc.’s first major foray into the epicenter of the U.S. energy economy. A Tesla subsidiary registered as Gambit Energy Storage LLC is quietly […]
Jigar Shah to run US energy office that backed Tesla, Solyndra
‘One of the reasons they are choosing me is to make the office more exciting, make it more accessible and make entrepreneurs feel like someone who has been in their shoes before is there and will give them a fair hearing’, Jigar Shah said The US Energy Department has appointed Jigar Shah, a clean-power pioneer […]
Tesla Selects Karnataka for Electric Vehicle Plant in India: PTI
Tesla Inc. chose the state of Karnataka for its first plant in India as the electric vehicle maker sets its sight on Asia’s third-biggest economy, according to the Press Trust of India. The southern state’s chief minister B S Yediyurappa announced the plan, PTI reported Saturday. Last month, Elon Musk, the world’s richest man and […]
Elon Musk says Biden admin gave cold shoulder on carbon tax
Tesla CEO Elon Musk in a new interview revealed that he approached the Joe Biden administration about implementing a carbon tax in the US, but he was told the idea was essentially “too politically difficult.” SAN FRANCISCO: Tesla CEO Elon Musk in a new interview revealed that he approached the Joe Biden administration about implementing a carbon tax in the US, […]
Tesla robotaxis to justify valuation but Tesla Semi waiting for batteries
During Tesla’s fourth-quarter earnings call last Wednesday, Tesla’s CEO, Elon Musk, said there is a “roadmap to potentially justify” its market cap, which has topped $800bn, making it the fifth-most valuable US company. According to Musk, as Tesla’s self-driving technology continues to improve, Tesla vehicles will become self-driving robotaxis, allowing usage to increase from an […]
Tesla reports significant quarterly and full-year increase in energy storage deployments
Tesla reported a significant increase in energy storage deployments for the fourth quarter of 2020, more than doubling record figures from the previous quarter as battery manufacturing expansions led to greater product availability but demand still outstrips supply. The company reported record energy storage system (EES) deployments of 1,584MWh in the fourth quarter of 2020, […]
Tesla reaches record 3 GWh of energy storage deployments in 2020
Tesla reaches record 3 GWh of energy storage deployments in 2020.Read More.. Source : renewablesnow