GM Backed Charge Enterprises Electric Car Charge Company Bankrupt

Charge Enterprises built electric charging for dealers, hotels and other business customers. They made as much as $750 million per year in revenue but almost always had losses. GM and Stellantis were among the funders and customers of Charge Enterprises. In August 2023, GM, Honda, BMW, Mercedes-Benz, Hyundai, Kia, and Stellantis announced a $1 billion …

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Kairos Power Makes First Non-Nuclear Molten Salt System Prototype

Kairos Power has successfully completed 1,000 hours of pumped salt operations with its non-nuclear Engineering Testing Unit (ETU) at the company’s testing and manufacturing facility in Albuquerque, N.M. This achievement arrives on the heels of operators loading 12 metric tons of a molten fluoride salt coolant known as “Flibe” into ETU, making it the largest …

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2 Megawatt Nuclear Reactors That Can Fit In a Truck

NANO Nuclear is a startup that has raised over $8 million to develop micro nuclear fission reactors with up to 2 megawatts of power. They will be transported by Semi Trucks. They plan to sell 1,000 microreactors on a yearly basis for a trillion-dollar industry. Nuclear currently supplies some 18% of US power needs off …

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LG Energy and Panasonic Making 4680 Batteries for Tesla Starting August 2024

Panasonic and LG energy will each start making 4680 batteries in different factories for Tesla starting around August 2024. The LG Ochang plant should have a combined 35 gigawatt-hour battery production capacity by 2025. LG Energy Solution had planned to secure a 200 gigawatt-hour production capacity in North America, Europe and Asia combined by the …

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Elon 13G Filing Was Not News

Elon Musk 13G filing dated Dec 31,2023 was about stock and option ownership prior to the 2018 pay package legal issues.. Lot of confusion about Elon’s 13-G filing filed after the close. Bottom line: Elon still owns 13% (411M) of $TSLA shares – not 20.5% as shown in the filing. Just as he did in …

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Orbiting Thin Space Mirrors Could Boost Ground Based Solar Power

A new research paper in the Acta Astronautica journal describes a constellation of mirror satellites to increase the power at the large solar farms on Earth. Among all cases, the paper found SSO (sun synchronous orbit) and single reflector cases to be superior. A constellation with 20 reflectors could deliver a significant quantity of solar …

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