Tesla Megapacks are powering the massive £75 million battery energy storage system (BESS) funded by Harmony Energy Income Trust Plc., the largest in Europe. The project officially opened last week. Located at Pillswood near Cottingham, East Yorkshire, the facility is capable of storing up to 196 MWh of energy in a single cycle, which could…
Mercedes has broken ground on a new battery recycling facility in Germany, focusing on “closing the loop” and allowing the automaker to source more battery materials sustainably. Two of the biggest challenges in the industry of electric vehicles are the price of battery materials and what happens with batteries when they are at the end…
The Nevada Governor’s Office of Economic Development (GOED) Board approved a $330,250,366 million tax break for Tesla. The state board approved the abatement considering Tesla’s plans to invest $3.6 billion to expand Gigafactory Nevada in Storey County. The GOED Board calculated that Tesla’s $3.6B capital investment in Giga Nevada could generate an estimated $685 million…
Tesla’s (NASDAQ: TSLA) Investor Day event on Wednesday evening has Morgan Stanley analysts questioning how competitors will be able to keep up with the electric automaker. The event, which outlined Tesla’s long-term plans for global scalability and expansion, was met with mixed reviews. However, the big-picture mission of the company, which was the true intention…
Tesla Electric, a retail plan, is rolling out to select Powerwall customers in Texas. During Investor Day 2023, Tesla announced a new plan for Tesla Electric. It offers unlimited overnight home charging for $30 per month. The offer will be available to Tesla customers in Texas. Drew Baglino talked about Tesla Electric during Investor Day…
Honda and its partner LG Energy Solutions have broken ground on their first joint venture battery production location in the United States. Honda is far from a leader in the electric vehicles market, but with a series of investments, they hope to change that over the next decade. That has started with investments into electric drivetrain…
Students from Pioneer Academy in Carson City, Nevada, recently got the opportunity to witness the operations of one of the world’s most advanced battery production facilities. During their trip to Tesla Gigafactory Nevada, the students were able to learn about educational and career opportunities related to the sustainability movement. Over two dozen students from Pioneer…
Tesla has entered a binding offtake agreement with Magnis Energy Technologies, an Australian company that will supply the company with anode active material (AAM) for three years. Magnis announced on Tuesday (via Sawyer Merritt) that it would begin supplying Tesla with a minimum of 17,500 tonnes per annum of AAM for a minimum term of three…
South Korean battery maker LG Chem has announced that it had signed offtake agreements with American miner Piedmont Lithium for a total of 200,000 metric tons of spodumene concentrate (SC6). SC6 is a high-purity material that processes lithium ore, which can extract lithium hydroxide used as material for batteries. With the agreement in place, Piedmont…
Tesla announced this morning that it would open some of its United States Supercharger Network to competitors in an effort to not only make some of the $7.5 billion in funds from the Bipartisan Infrastructure Law available to the automaker, but also to make EV charging more available to consumers. Tesla officially confirmed this morning that it…