electric cars 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. …

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 …

electric carsTesla should finally be profitable by September 2018

Loup Ventures’ Gene Munster predicts Tesla Motors will be profitable by September, 2018. Tesla aims to produce 6,000 Model 3s per week by August, but Munster says September is more likely. Tesla finally made 5,000 Model 3s per week but …

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 …

artificial intelligenceNextbigfuture newsletters – How Softbank Vision Fund plans to win, AI 2.0 and more

Here are links to Nextbigfuture newsletters. In the Newsletters, I provide more analysis of a particular topic and a collection of related articles. Subscribe to future newsletters on the right or at the end of this article. Thanks. 05/18/2018 – …

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.

batteriesTesla making next Gigafactory in China

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 …