Tesla CEO Elon Musk is pushing hard for a sustainable future for the planet and the entrepreneur has shared what he believes is the biggest problem slowing us down. Responding to a recent round-up of battery job opportunities posted by Tesla, Musk has tweeted that battery production is the biggest thing stifling the pathway to […]
Electric vehicle (EV) fires pose a major safety threat to first responders, and US guidelines to deal with them are largely incomplete at this point, further exacerbating the issue, said the National Transportation Safety Board (NTSB) on Wednesday. The safety regulator said there are gaps in research regarding EV industry safety standards, especially with high-speed […]
Tesla plans to switch primarily to lithium, and the first batteries of suit are likely to be rolling out soon. Tesla plans to begin rolling out Model 3 units with cobalt-free lithium iron phosphate (LFP) from its Shanghai factory, as reported by Reuters. While current iterations of the vehicle use nickel-manganese-cobalt (NMC) batteries, the planned […]
In a new potential partnership, Tesla is, once again, showing its reliance on other companies for its battery supply needs. According to the Korea Times, Tesla is hoping to acquire stake in LG Energy Solution – as they separate from LG Chem – in order to bolster its supply of batteries. The news comes to […]
A cluster of six giant Tesla batteries was used to supply power to British households for the first time in history, reports Bloomberg. The Holes Bay energy storage project in Dorset, U.K., consists of six of Tesla’s gargantuan Megapack batteries. The cluster of Megapack batteries can store energy generated by sources of renewable energy, and […]
Tesla’s annual shareholder meeting, aptly dubbed Battery Day, takes place September 22, 2020, after being pushed back due to the ongoing pandemic. While there’s rampant chatter of new entry-level models and a revolutionary million-mile battery, both may be a ways away. Patrick Hummel, analyst at the United Bank of Switzerland (UBS), detailed what we can expect to […]
Well, once again Elon Musk is hinting at new and upcoming improvements to battery life, but this time addressing the 12V battery in Teslas. With Battery Day one week away, it’s safe to say we’re all ready to see what Tesla has to unveil. In a response on Twitter, Musk suggested that new and improved […]
Ahead of Tesla’s Battery Day event set for later this month, UBS has doubled its price target for the company. According to UBS analyst Patrick Hummel, the price target for Tesla is now at $325, up from $160, along with a neutral rating. Hummel says the electric vehicle maker’s target was bumped up because of […]
In spite of the environmental benefit brought to the world by lowering emissions through its electric vehicles (EVs), Tesla is up against an environmental battle for its resources too, and it’s unlikely to offer the same benefits from behind closed doors. On Tuesday, Financial Times shed more light on ethical nickel mining for electric vehicles, […]
As the electric vehicle market continues to grow and saturate, it’s the nuances that are going to separate the sprinters from the marathon runners. According to The Street, Morgan Stanley analyst Adam Jonas has said that Tesla’s batteries could be a key component of the electric vehicle (EV) company’s future growth. Jonas increased his original […]
Along with CATL and Panasonic, LG Chem has been supplying battery cells for Tesla, as well as other car brands like Volkswagen. As reported by Reuters, LG Chem expects the demand for their batteries to grow by 10% in the second half. Their boost in sales already was a result of receiving attention in Europe, […]
Panasonic has been a leading provider for batteries and cells, especially in the electric vehicle (EV) industry. With a growing demand for sustainable and efficient energy, the competition between cell providers is fierce. The company has been supplying 2170 lithium-ion cells to Tesla, for the Model 3 vehicle in 2017. The energy density of these […]
Tesla has signed a three-year battery pricing deal with its Japanese supplier, Panasonic Corp, according to Reuters. The deal was signed last week and kicked into effect on April 1, 2020, according to a filing by Tesla made on Tuesday. The three-year deal is related to the manufacturing and supply of lithium-ion battery cells at...