Enertech to Construct a Cylindrical Battery Manufacturing Plant in Russia

Enertech International plans to construct a cylindrical battery manufacturing plant in Russia. After operating the plant commercially in 2025, it plans to construct a 10GWh battery manufacturing plant by 2030. This is the first time that a South Korean company is constructing a battery manufacturing plant in Russia. This move by Enertech is part of… Continue reading Enertech to Construct a Cylindrical Battery Manufacturing Plant in Russia

Tesla’s earnings would have fallen short without EV tax credits and bitcoin sales, but this doesn’t change the long term trajectory of the company, Loup Ventures’ Gene Munster says (TSLA)

Tesla CEO Elon Musk. Maja Hitij/Getty Images Tesla would have lost $181 million without its electric vehicle tax credit and bitcoin sales. The company’s growth trajectory is still intact given record deliveries, Gene Munster says. “You have to pick pressure points on any given company and in the case of Tesla I think deliveries are… Continue reading Tesla’s earnings would have fallen short without EV tax credits and bitcoin sales, but this doesn’t change the long term trajectory of the company, Loup Ventures’ Gene Munster says (TSLA)

ALYI Highlights Cryptocurrency And Carbon Credit Potential In Light Of Tesla Earnings

DALLAS, April 27, 2021 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today highlighted Tesla’s record earnings with major contribution from Carbon Credit and Bitcoin sales. In light of Tesla’s success with Carbon Credits and Bitcoin, ALYI management pointed to its own Carbon Credit and Cryptocurrency strategy and the confidence in the company’s direction reflected in… Continue reading ALYI Highlights Cryptocurrency And Carbon Credit Potential In Light Of Tesla Earnings

Samsung may need to build its first US battery megafactory after its deal with Amazon-backed unicorn Rivian

The battery affiliate of the South Korean giant may need to build its first megafactory in the US. Samsung agreed a deal to build all lithium-ion cells for Amazon-backed EV truck company Rivian. One expert said the sheer numbers meant a US factory for Samsung SDI would make sense. See more stories on Insider’s business… Continue reading Samsung may need to build its first US battery megafactory after its deal with Amazon-backed unicorn Rivian

German Manager Magazin: Tesla: Elon Musk fights with violent allegations of self-driving motor vehicle000764

The amazing thing this time is the silence. A few days ago, the influential US consumer magazine Consumer Reports announced the electric car manufacturer Tesla missed a broadside. According to the magazine, dangerous deficiencies have been found in Tesla’s driver assistant called “Autopilot”: A Tesla Model Y would drive itself even with an empty driver’s… Continue reading German Manager Magazin: Tesla: Elon Musk fights with violent allegations of self-driving motor vehicle000764

Ford CEO Jim Farley says insourcing battery production a priority – Automotive News

GM this month revealed plans for a second U.S. battery cell manufacturing plant, this time in Spring Hill, Tenn., with South Korean joint-venture partner LG Chem Ltd. The automaker also is building a battery plant in northeastern Ohio; each site represents a $2.3 billion investment. Farley would not say whether Ford has specific plans for… Continue reading Ford CEO Jim Farley says insourcing battery production a priority – Automotive News

Consumer Reports proved that a Tesla will drive with nobody behind the wheel following fatal crash (TSLA)

Consumer Reports showed that it’s possible to turn on Tesla Autopilot with nobody behind the wheel. The firm’s car-testing director was able to sit in the passenger’s seat while the Tesla drove itself.  The demonstration comes after a fatal Tesla crash where authorities said nobody was driving.  See more stories on Insider’s business page. Consumer… Continue reading Consumer Reports proved that a Tesla will drive with nobody behind the wheel following fatal crash (TSLA)

Clean Technica: Pegatron Will Build A Tesla Parts Plant In Texas000789

Pegatron, a company based out of Taiwan, will build a plant in El Paso, Texas, that will provide components for Tesla, Reuters reports. Pegatron officials said that the details of its overseas plant investments are still in the planning stages. Back in November, the company said it would set up a factory in the U.S.… Continue reading Clean Technica: Pegatron Will Build A Tesla Parts Plant In Texas000789

Arrival Developing Electric Vehicles Without Assembly Line

“This is about getting the best, optimal delivery vehicle for us,” Mr. Wake said. Globally, UPS operates a fleet of about 120,000 vehicles, and around 13,000 of them use alternatives to diesel engines such as batteries. In addition to UPS, BlackRock and the South Korean automakers Hyundai and Kia have invested in Arrival. Electric vehicle… Continue reading Arrival Developing Electric Vehicles Without Assembly Line