Arizona Public Service’s battery fire could have slowed the U.S. storage market. That hasn’t happened. The energy storage industry didn’t wait for the outcome of Arizona Public Service’s year-long investigation into the battery fire that injured four firefighters in April 2019 to start improving the safety of grid batteries. The McMicken fire set off a […]
Tesla supplier develops battery with no nickel, cobalt
Saudi-backed Lucid Motors announced independent range verification of 517 miles on a single charge for its forthcoming all-electric sedan SHANGHAI : China’s Contemporary Amperex Technology (CATL), a Tesla supplier, is developing a new type of electric vehicle (EV) battery that contains no nickel or cobalt, a company executive said on Saturday. Nickel and cobalt are […]
Tesla Begins Construction Of World’s Largest Energy Storage Facility
Tesla TSLA +4.3% and PG&E recently broke ground on a record-setting energy storage system in Moss Landing (Monterey) California that, once complete, will be the largest such installation in the world. The battery park will be able to dispatch up to 730 megawatt hours (MWh) of energy to the electrical grid at a maximum rate […]
Tesla battery supplier LG Chem expects revenue to double by 2025
Sales at LG Chem jumped 83% to 10.5 gigawatt hours, lifted by rising demand for Tesla’s Model 3 sedans in China as well as for Renault SA’s Zoe cars. While the Covid-19 pandemic has dented demand for electric vehicles this year, a South Korean supplier expects its battery sales to reach a new high thanks […]
SolarEdge, Enphase Hit by Sharp Slowdown in Solar Installations During Pandemic’s Depths
Orders are rising again in the U.S. solar market, but “the rate of that recovery is questionable,” says SolarEdge CEO Zvi Lando. Residential solar inverter rivals SolarEdge and Enphase faced the same headwinds from the COVID-19 pandemic in the second quarter, with both companies reporting a downturn in Q2 revenue. However, both companies also laid out […]
Elon Musk says Tesla is open to licensing Autopilot, supplying powertrains and batteries to other automakers
Tesla CEO Elon Musk noted on Twitter on Tuesday night that the automaker would be “open to licensing software and supplying powertrains & batteries” to other automakers. Musk added that that would even include Autopilot, the advanced driver assistance software that Tesla offers to provide intelligent cruise control in a number of different driving scenarios. […]
Tesla’s renewable energy business could push company’s worth into the trillions, billionaire Chamath Palihapitiya says
Tesla’s renewable energy business could push company’s worth into the trillions, billionaire Chamath Palihapitiya says Tesla’s rapid growth can continue, but it won’t just rely on electric car’s Read More…
Tesla boom supercharges stock of world’s biggest EV battery firm
Expanding EV subsidies in Europe and Tesla’s stupefying rally have buoyed related stocks worldwide despite global economic concerns Fundamentals matter little, with Tesla just starting to show profit and EV truck maker Nikola Corp. yet to produce its first semi The global frenzy for electric vehicles that has seen Tesla Inc.’s stock surge threefold is […]
Nissan takes on Tesla in China’s electric car market
The Japanese carmaker is hoping its new all-electric sports utility vehicle (SUV) Ariya will sell well in China. But it faces tough competition from Tesla which has a strong presence in the world’s largest car market. Electric cars are a cornerstone of Nissan’s four-year plan to get it back to profitability. The Ariya was launched […]
Tesla and the science behind the next-generation, lower-cost, ‘million-mile’ electric-car battery
The future of the auto industry may boil down to the difference made by a single letter: R. As in, the difference between a lithium-ion battery, like those found in today’s electric vehicles made by Tesla and others, and the lithium-iron phosphate batteries coming soon to market. As Elon Musk’s Tesla has been talking up […]