🚗 Chinese automaker Nio unveiled its Tesla Model Y competitor, the Onvo L60 SUV. 💰 The Onvo L60 SUV starts at $30,465, 10% cheaper than the Tesla Model Y. ⚡ The all-electric Onvo L60 SUV has an energy consumption of 12.1 kWh/100km based on China’s CLTC standard. 🔋 The Onvo L60 is available in three…
🚗 The new Tesla Model 3 Performance has been included in China’s MIIT catalog, which is a key step towards its launch and deliveries in the country. ⚡ The Model 3 Performance features a front motor with 137 kW and a rear motor with 265 kW of power, enabling a top speed of 261 km/h…
🔋 Tesla Megapacks are set to arrive on-site at the massive Melbourne Renewable Energy Hub (MREH) project in Australia. 💻 The MREH will receive 444 Megapacks, totaling 600 MW and 1.6 GWh of energy storage capacity. ⚡ When complete, the battery system will be capable of powering around 200,000 homes during peak electricity demand. 🏗️…
🏭 Tesla’s Megapack Factory in China is ready to start construction this month. 📹 A drone operator provided an update on the Megapack Factory site, explaining why construction stopped after the initial sighting in March. ⏳ Construction was paused for preliminary preparations before the official start in May. 📆 Tesla announced its new Megafactory in…
🔋 Tesla has launched a new demo for its home energy products, showcasing the use of its Powerwall in tandem with the electrical grid and solar panels. 🏠 The demo can be accessed through the Tesla app, allowing users to explore the interface for monitoring home energy storage, Powerwall, and more. 🌞 Tesla reached 600,000…
🔋 Tesla Megapacks will help expand the Collie Battery in Australia into a 560 MW/2,240 MWh system, making it the biggest battery in the country. ⚡ Neoen, a French renewable energy developer, won the contract to triple the size of the Collie Battery, partnering with Tesla and UGL. 🏗️ The expansion will occur in two…
🔌 Rivian has announced plans to open its Rivian Adventure Network (RAN) charging network to other electric vehicle (EV) brands. ⚡ The company has debuted a new charger design with 400- and 800-volt packs, CCS connectors, and support for the NACS charging standard (initially through an adapter). 🌱 Rivian aims to support the electrification of…
💰 Former Tesla executive Drew Baglino has sold off around 1.14 million Tesla shares, worth approximately $181.5 million, according to an SEC filing. 🕰️ Baglino was the Senior Vice President of Powertrain and Energy Engineering and had been with Tesla for 18 years before announcing his departure this week. 📄 The share sale is the…
🏭 Tesla is laying off more workers at its Gigafactory in Nevada, as part of the company’s efforts to trim its workforce globally. ✂️ The layoffs affect around 693 employees at the Nevada plant, which builds battery cells and is expanding for additional production lines. 👥 Along with the layoffs, three high-profile Tesla executives have…
🏭 Over 330 Tesla Megapack batteries were spotted in the holding lots of the Lathrop Megafactory, highlighting the facility’s growing role in the company’s operations. 📈 Tesla’s energy generation and storage revenues increased by 7% year-over-year, with gross profit up 140% driven by increased Megapack deployments. 💰 Tesla Energy reached record profitability in Q1 2024,…