batteries Archive

batteriesAnnual Electric car sales will increase ten times by 2025

Bloomberg is forecasting sales of electric vehicles (EVs) increasing from 1.1 million worldwide in 2017, to 11 million in 2025 and then surging to 30 million in 2030 as they become cheaper to make than internal combustion engine (ICE) cars. …

batteriesIonic materials could achieve 50% higher energy density while costing less than $100 per kwh

Ionic Materials received an investment from Hyundai Cradle. Ionic Materials has a polymer electrolyte that can make higher performing and safer solid-state batteries. Prototype batteries with Ionic Materials’ solid plastic electrolyte can enable higher energy densities at low cost. Properties …

batteriesMany huge global battery projects to meet demand for millions of electric cars each year

BYD is increasing the size of new battery plant in Qinghai province. In 2019, it will produce 24 GWh. Globally BYD aims to churn out 28 GWh in 2018 and will double their output to 60 GWh in 2020. Korea’s …

batteriesDARPA using AI to find better chemistry for batteries and bombs

DARPA is developing software tools based on machine learning and expert-encoded rules to recommend chemical synthesis recipes to optimize cost, time, safety, or waste reduction. They are trying to develop lighter and longer-lasting batteries and fuel cells, advanced adhesives, coatings …

batteriesChina’s CATL making two giant battery factories with billion dollar funding

Contemporary Amperex Technology Ltd. (CATL) has raised nearly $1 billion to fund new battery plants. China will be making 70 percent of the world’s electric-vehicle batteries by 2021, according to Bloomberg New Energy Finance (BNEF). China is already the world’s …

batteriesTesla sustaining battery leadership and Model 3 has better gross margins

Analysts at investment bank Berenberg have a $500 price target for Tesla. Tesla is currently trading at $320. * Original Equipment Manufacturers are not as threatening to Tesla because Tesla has technology advantages * Tesla’s centralized, integrated, technology-driven architecture enables …

batteriesTesla solving Model 3 production in 2018 and targets for millions of cars by 2023

Elon Musk and Tesla announced that they are solving their Model 3 production in 2018 and will hit battery cost and other milestones which should translate to millions by 2023. In the near term in June, Model 3 production will …

batteriesTesla reaching $100 per kWh battery cost milestones and will make high volume low cost electric car

Elon Musk says Tesla will achieve a battery cell cost of $100 per kWh by the end of 2018 if commodity prices remaining stable. Elon Musk sees Tesla batteries becoming cheaper than $100 per kWh for the overall battery pack …

batteriesVolkswagan, Google and D-Wave simulating chemical batteries on quantum computers

Volkswagen experts will simulate the chemical structure of batteries on quantum computers. They have succeeded in simulating industrially relevant molecules using a quantum computer. This is important for the development of high-performance electric vehicle batteries. They simulated molecules like lithium-hydrogen …

batteriesTesla semi truck will have almost 600 mile range

Elon Musk stated during Tesla’s first-quarter 2018 earnings call that the production version of the Tesla Semi would have almost 600 miles of range.