💡 Hadley Cycles in Australia installed three Tesla Powerwalls to reduce electricity costs. 💰 Before installing Powerwalls, Hadley Cycles’ electricity costs were as high as AUD$ 33,000 a year. 🌞 Hadley Cycles now operates its stores with stored solar energy, resulting in immediate cost savings. ⚡ Tesla Powerwall investment costs were offset within three years…
🚀 Tesla Energy is expected to outpace the automotive business in growth rate in 2024. 📉 Tesla anticipates lower volume growth in its automotive business in 2024 due to the focus on the next-generation platform. ⚡ Impressive growth in Tesla Energy, with total energy storage deployments reaching 14.7 GWh in 2023, a 125% increase from…
🌐 Redwood Materials plans to localize battery production in North America, specifically in the United States. 🔄 Cathode material accounts for over 50% of a battery cell’s costs. 🏭 Redwood Materials is building a large cathode plant with over 1 million EVs/year capacity at its Nevada Campus. 🌍 The company aims to reduce reliance on…
🚗 Toyota chairman predicts EVs will only reach 30 percent market share. 🌐 Toyota emphasizes a multi-faceted approach to electrification, including hydrogen fuel cells, hybrids, and combustion engines. 💬 Former Toyota CEO and current chairman, Akio Toyoda, states that BEVs will never overtake gas cars, citing a prediction of only a 30-percent market share. 💡…
🚚 Tesla has posted numerous job openings related to Semi production. 📍 The Tesla Semi job positions are available in Sparks, Nevada; Palo Alto, California; and Austin, Texas. 🔧 Job listings include positions for Asset Technicians, Software Engineers, and supply chain specialists. 🌐 A total of 86 new jobs have been posted by the Tesla…
🏭 Panasonic considers the potential for a third U.S. battery factory to boost annual production capacity. ⚠️ Another executive, CEO Yuki Kusumi, emphasizes the need to enhance productivity at current plants before adding a new factory. 💼 Kusumi highlights the preference for fewer production locations, stressing the importance of thorough productivity improvements. 🌐 Human resources…
🚗 Stellantis unveils the STLA Large platform for Jeep and Dodge BEVs. 🔋 The platform is designed for 400-volt and 800-volt electric architectures. 🔄 It features three-in-one electric drive modules (EDMs) for FWD, RWD, and AWD configurations. 🌐 STLA Large offers battery pack options with energy ratings between 85 and 118 kWh. 🚙 Stellantis aims…
🇩🇪 Local officials emphasize the importance of worker choice in joining a union at Tesla’s Giga Berlin. 🚗 Tesla has resisted signing a collective labor agreement, advocating for workers’ independence from union influence. 🤝 Brandenburg Ministry of Economy, Labor and Energy suggests mutual benefits in reaching a collective labor agreement between IG Metall and Tesla.…
🏭 LG Electronics has opened its first EV charger production plant in the U.S. in Fort Worth, Texas. 🔌 The plant will eventually have an annual capacity of over 10,000 EV chargers. 🚗 LG is currently producing Level 2 AC chargers and plans to start production on Level 3 DC chargers in the second quarter.…
🤖 Elon Musk expresses discomfort with the current voting share he has at Tesla in driving AI and robotics innovation. 💼 Musk indicates readiness for a new compensation package and contemplates developing crucial technology outside Tesla if a higher voting share is not granted. 💰 Musk sold billions in Tesla stock to fund the purchase…