batteries Archive

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

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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

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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

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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

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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

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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

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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.

batteriesTesla making next Gigafactory in China

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During Tesla’s first quarter 2018 earnings call, Elon Musk announced that Tesla’s next Gigafactory would be built in China. All future Gigafactories would support the manufacture of Tesla vehicles. It has to be later this year. Maybe next quarter …

batteriesTesla making Model 3 battery packs in 17 minutes down from 7 hours

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Elon Musk reported in the Wednesday’s Q1 2018 earnings call that Tesla has managed to reduce the time to make a Model 3 battery pack by 94%, from 7 hours to under 17 minutes. This still remains to be fixed, …

batteriesChina could sell half of the world's electric cars in 2018

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China’s electric car sales in March surged to 59,000 units which is up 85% year over year (YoY). Quarter 1 2018 sales doubled compared to the same period last year, to over 122,000 units. BYD is increasing production. They had …

batteriesChina could sell half of the world’s electric cars in 2018

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China’s electric car sales in March surged to 59,000 units which is up 85% year over year (YoY). Quarter 1 2018 sales doubled compared to the same period last year, to over 122,000 units. BYD is increasing production. They had …