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Keyword: gigafactory

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  • Tesla Gigafactory UK Appears To Be In The Works [again,post-Brexit]

    04/05/2021 11:01:57 PM PDT · by SunkenCiv · 14 replies
    It might have already happened if it wasn't for Brexit.Talks of a Tesla Gigafactory U.K. are back. The location would be in Somerset, England at a 635-acre smart campus called Gravity that’s currently under development.Minister of State for Business, Energy, and Clean Growth Kwasi Kwarteng said the government is considering the site for a Tesla Gigafactory. The minister believes the Somerset location will be able to sustain a Tesla Gigafactory. Gravity is a good candidate because it’s one of the few locations in England large enough to house a factory of that size. Not only that, it’s located near the...
  • Tesla boss Elon Musk test-drives Volkswagen ID.3 electric with rival CEO Diess

    09/09/2020 7:17:27 AM PDT · by SunkenCiv · 50 replies
    Hindustan Times ^ | September 5, 2020 | Bloomberg
    Elon Musk test-drove the ID.3 when he made a final stopover to meet with one of his biggest competitors, Volkswagen CEO Herbert Diess. Musk also inspected the ID.4 electric SUV that Volkswagen will launch later this month. Before Tesla Inc Chief Executive Officer Elon Musk returned to the US after a three-day visit to Germany, he made a final stopover to meet with one of his biggest competitors - Volkswagen AG CEO Herbert Diess. The two auto executives met at a small airport in Braunschweig for about two hours on Thursday evening and Musk test-drove VW’s ID.3 electric-car, according to...
  • Carmageddon at Tesla-Panasonic Gigafactory in Nevada and Shanghai

    04/12/2019 11:15:27 AM PDT · by catnipman · 35 replies
    Wolf Street ^ | 4/11/2019 | Wolf Richter
    The Gigafactory in Nevada is a joint operation between Panasonic and Tesla. But now, according to the Nikkei, the partners have frozen the planned 50% expansion of the Gigafactory in Nevada, and Panasonic has suspended its investment in Tesla’s Shanghai plant that is currently under construction. And now there is this awful question about demand for Tesla vehicles hanging over the battery plants, as deliveries plunged 31% globally in Q1 from Q4, to 63,000 vehicles: Model S and X in Q1 deliveries plunged 56% from Q4 to just 12,100 vehicles. And it’s not just a seasonal blip: this was down...
  • Panasonic Axes Future Investments in Tesla Factories Amid Dwindling Demand: Report

    04/11/2019 10:22:37 AM PDT · by Yo-Yo · 54 replies
    The Drive ^ | April 11, 2019 | Rob Stumpf
    Future investments from the battery maker in U.S. and overseas facilities are reportedly in question, making stock prices suffer in the early hours. Tesla and battery manufacturer Panasonic will freeze investments into the automaker's Nevada-based battery plant over weakening demand concerns, reports Japanese publication Nikkei. Both the automaker and Panasonic had reportedly considered raising production capacity by more than 54 percent by 2020 (from 35-gigawatt hours to 54 GWh), however, due to apprehension surrounding financial and demand problems, the partners will not proceed with the expansion as planned, halting further construction of the Gigafactory barring further consideration. Tesla shares have...
  • Tesla launches '1,000 miles per hour' charging station for Model 3

    03/09/2019 10:28:58 AM PST · by ETL · 72 replies
    FoxNews.com/auto ^ | Gary Gastelu | Fox News
    The so-called V3 Supercharger operates at 250 kilowatts -- approximately twice that of the older stations -- and can charge some of its cars at a rate of 75 miles every five minutes, which Tesla is promoting as “1,000 miles per hour,” without explaining the math. (75 x 12 = 900, doesn't it?)(Following the publication of this article, a Tesla representative clarified that the "1,000 mph" speed is a peak rate that is only sustained for a portion of the initial five-minute period on batteries at a low state of charge. Average speeds over longer charging times were not...
  • Tesla Buys Battery Technology Firm Maxwell for $218 Million

    02/05/2019 11:06:30 AM PST · by SunkenCiv · 43 replies
    The Street ^ | Monday, February 4, 2019 | Martin Baccardax
    Tesla Inc. (TSLA) said Monday it will buy Maxwell Technologies Inc. (MXWL) , a battery technology firm based in San Diego, for around $218 million. Telsla will pay $4.75 for each Maxwell share, the company said, a 54.7% premium to its closing price Friday of $3.07, and bring the company into the corporate fold as a wholly owned subsidiary. "We are very excited with today's announcement that Tesla has agreed to acquire Maxwell. Tesla is a well-respected and world-class innovator that shares a common goal of building a more sustainable future," said Maxwell CEO Franz Fink. "We believe this transaction...
  • Lithium-Ion Battery Inventor Introduces New Technology for Fast-Charging, Noncombustible Batteries

    03/02/2017 9:47:41 PM PST · by PreciousLiberty · 105 replies
    UT News ^ | Feb. 28, 2017 | University of Texas
    A team of engineers led by 94-year-old John Goodenough, professor in the Cockrell School of Engineering at The University of Texas at Austin and co-inventor of the lithium-ion battery, has developed the first all-solid-state battery cells that could lead to safer, faster-charging, longer-lasting rechargeable batteries for handheld mobile devices, electric cars and stationary energy storage. Goodenough’s latest breakthrough, completed with Cockrell School senior research fellow Maria Helena Braga, is a low-cost all-solid-state battery that is noncombustible and has a long cycle life (battery life) with a high volumetric energy density and fast rates of charge and discharge. The engineers describe...
  • Tesla reveals $5 billion Gigafactory, the world's largest battery plant

    02/26/2014 8:56:24 PM PST · by ckilmer · 93 replies
    recode.net ^ | 02/26/2014 | Justin Hyde
    Tesla reveals $5 billion Gigafactory, the world's largest battery plant By Justin Hyde 6 hours ago Motoramic   .View photo Tesla Motors No automaker has quite the momentum that Tesla Motors enjoys today. It sells every car it builds easily, with customers queuing around the globe. It's considered the best car for sale in America by several critics, and Wall Street has bought into Elon Musk's vision with a fervor rarely seen outside riverside baptisms. And yet everything Tesla stands for today and wants to accomplish in the future rides on a single stubborn, expensive piece of technology — the...
  • Ten gigabattery scale battery factory projects in China, Europe and USA

    08/08/2017 3:08:03 PM PDT · by ckilmer · 14 replies
    nextbigfuture ^ | August 8, 2017 | brian wang
    Ten gigabattery scale battery factory projects in China, Europe and USA brian wang | August 8, 2017 |    A report published by Bloomberg Intelligence in June said factories planned by Chinese companies could have the battery capacity to produce more than 120 GWh by 2021 – enough to supply 1.5 million Tesla Model S vehicles. This will be over three times initial the battery cell capacity of the Tesla Gigafactory at 35 GWh.As of 2014, the projected capacity of Gigafactory for 2020 was to have been 35 gigawatt-hours per year of cells as well as 50 gigawatt-hours per year (5.7 MW) of battery...
  • Forget Vegas, Nevada Is Now About Reno And Lithium

    10/30/2015 8:13:05 AM PDT · by bananaman22 · 31 replies
    Oilprice.com ^ | 30-10-2015 | lit
    Nevada is booming as lithium companies rush in to stake out targets and massive business development gets underway, from Tesla to Amazon and Apple. As the state’s southwest corner fills up with new lithium players, Tesla gears up for its battery gigafactory and the world’s largest data center sets up shop, Nevada is poised for one of the greatest economic revival stories of the century. In an exclusive interview with Oilprice.com, Brian Findlay, President and CEO of Dajin Resources Corp., discusses: • How Tesla’s gigafactory is sparking a massive resurgence in Nevada • Why other giant businesses are setting up...
  • Tesla Motors Inc: Gigafactory To Be A Major Turning Point In Auto Market

    05/26/2015 9:35:12 PM PDT · by ckilmer · 45 replies
    valuewalk ^ | May 26, 2015 08:08:59 PM | Michelle Jones
    Tesla Motors Inc: Gigafactory To Be A Major Turning Point In Auto Market Posted By: Michelle JonesPosted date: May 26, 2015 08:08:59 PMIn: TechnologyNo Comments Tesla Motors Inc (NASDAQ:TSLA) is leading the way in electric vehicle technology, especially in batteries, and this is a good time to be in Tesla’s position. Goldman Sachs Group Inc (NYSE:GS) estimates that “electrified vehicles” will be one-quarter of the car sales in the world in the next ten years. The analysts define “electrified vehicles” as those with an electric powertrain, which include not only EVs but also hybrids and fuel cell vehicles.Tesla is taking one of...
  • The Tesla Gigafactories Are Coming. Can Global Lithium Supply Keep Up?

    04/26/2015 7:06:29 PM PDT · by ckilmer · 42 replies
    The Tesla Gigafactories Are Coming. Can Global Lithium Supply Keep Up? Many investors are dreaming of the growth that Tesla Motors' Gigafactory could unlock, but is there enough global lithium to enable the growth in the first place?   Venture capitalist Steve Jurvetson (left), shown here on the roof of the Gigafactory with Tesla CTO JB Straubel (right), has invested in Elon Musk through SpaceX and Tesla. Image source: Steve Jurvetson/Flickr.Five hundred thousand electric vehicles per year, a steady supply of household energy storage devices to be coupled with residential solar, and a doubling of global lithium ion battery production...