Tesla – Page 2330 – I wish I had more to offer

We are giving away a new Tesla Roadster…1:18 diecast model

Hi everyone! We’re giving away a Roadster 1:18 scale model and we want to send it to you before the holidays. Simply subscribe to one or all of our socials to enter. We’ll randomly pick a winner in the next few weeks and hopefully get this to you by Christmas. Tesla describes the $250 Roadster… Continue reading We are giving away a new Tesla Roadster…1:18 diecast model

Tesla (TSLA) gets $500 bull case from Morgan Stanley, but even huge hedge could be wrong

Tesla’s (TSLA) stock got an upgrade bull case at $500 per share from Morgan Stanley, but the firm’s best-case scenario is getting a lot of things wrong about the company, in our opinion. Morgan Stanley analyst Adam Jonas has a strange approach to covering Tesla where he is significantly hedging his prediction with an extreme… Continue reading Tesla (TSLA) gets $500 bull case from Morgan Stanley, but even huge hedge could be wrong

Elon Musk Keeps Buying Mansions in a Particular Neighborhood

Musk City Over the past seven years, Elon Musk has bought up a cluster of expensive homes in Los Angeles’ ritzy Bel-Air neighborhood. Musk paid about approximately $100 million for the homes, six of which are all in close proximity within Bel-Air, according to The Wall Street Journal. The seventh is a full estate with… Continue reading Elon Musk Keeps Buying Mansions in a Particular Neighborhood

Tesla Delays Launch Of Base Cybertruck, Speeds Up Tri-Motor Version

The cheapest version has been pushed back, while the most expensive variant gets moved forward. As expected, Tesla has delayed the cheapest version of the Cybertruck, while at the same time moving forward the launch of the most expensive version. This has become quite common with Tesla launches, so we’re not at all surprised by… Continue reading Tesla Delays Launch Of Base Cybertruck, Speeds Up Tri-Motor Version

GM Partners With LG Chem In New Joint Venture To Supply Batteries For Electric Trucks

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Published on December 5th, 2019 |

by Kyle Field

GM Partners With LG Chem In New Joint Venture To Supply Batteries For Electric Trucks

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December 5th, 2019 by Kyle Field

General Motors and LG Chem are establishing a new joint venture to build battery cells at scale in the US. The new JV puts both companies on equal footing and will kick off with the construction of a new 30 GWh battery cell plant in northeastern Ohio that will create more than 1,100 new jobs.

The new joint venture will break ground on the facility next year that, when at its full 30 GWh capacity, will rival the current battery cell capacity of Tesla and Panasonic’s Gigafactory 1 in Nevada. That’s enough to produce more than 450,000 of the company’s 66 kWh Chevy Bolts per year, though the cells will realistically be spread across GM’s newer plug-in vehicles.

GM is following Tesla’s early lead on this on by partnering with a battery cell manufacturer instead of contracting it out. Batteries are the most expensive single component in an electric vehicle and GM has seen how that plays out at lower volumes with the Chevy Bolt. Looking to scale that up, GM and LG are now joining forces in a push to “reduce battery costs significantly — to industry-leading levels.”

Battery cells coming out of the new battery factory will feed GM’s new line of yet-to-be-unveiled electric trucks and other electrified vehicles in the GM family. GM is clearly behind the eight ball when it comes to electric vehicles, having abandoned its early entrance into the market with the EV1 back in the 90s in favor of more profitable internal combustion trucks and SUVs. Two decades later, it is GM playing catch up to startups Tesla and Rivian in the electric truck space as the industry’s realization is that the key to electric vehicles is not automotive manufacturing, but in battery cell production.

Hopping in bed with LG builds on GM’s partnership with the firm in prior electric vehicle pursuits including most notably, the Chevy Bolt. The compact electric vehicle was rushed to market by GM in a push to beat the Tesla Model 3 into the “affordable” $30,000 electric vehicle market. To develop and deliver the vehicle on such an unprecedented timeline, GM and Chevy leaned heavily on LG. A fully 54% of the components in the vehicle are sourced directly from LG’s home country of Korea, leaving a dismal 26% of the components coming from the US and Canada.

The JV makes General Motors “the first full-line automaker to manufacture battery cells in the United States” which feels a bit like splitting hairs as the company is clearly not leading in the fully electric or even the electrified vehicle space today. Hey, whatever helps you sleep at night. Longer term, GM has plans for 20 new electrified vehicles to fill the void left by the cancelled Chevy Volt PHEV and complementing the Chevy Bolt.

Whether this is done to meet fuel economy standards, to greenwash the brand, or to turn the behemoth that is GM towards electric vehicles as quickly as possible to truly make an impact on climate change, it is exciting to see this first step. The JV announcement is capped off with a very clear message about climate change:

“Climate change is real. That is indisputable and we take the challenges it presents seriously. The transportation sector must be part of any credible solution and lower battery costs will be a game-changer for EV profitability and affordability.” – GM CEO Mary Barra

By the time this factory breaks ground, Tesla will have broken ground on its fourth Gigafactory in Berlin, Germany. Who knows what the landscape will look like by the time GM and LG Chem’s new factory is churning out battery cells at scale. If GM wants to be competitive in the electric vehicle market, it is going to have to move even faster.

CEO Mary Barra’s language in the announcement of the new JV is encouraging: “Our approach to EV adoption is holistic, and we are moving fast.” It is easy to talk about moving fast, but insanely difficult to actually do it. I’m personally hoping that this new battery cell plant in Ohio is just the first in a long string of announcements as GM takes steps to build out the battery cell production backbone it will need to compete with the other titans in the space.

Images courtesy: GM | Source: GM

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Kyle Field I'm a tech geek passionately in search of actionable ways to reduce the negative impact my life has on the planet, save money and reduce stress. Live intentionally, make conscious decisions, love more, act responsibly, play. The more you know, the less you need. TSLA investor.

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Tesla is worth $10, $250 or $500

Morgan Stanley’s Adam Jonas:¯_(ツ)_/¯ Go to Source

China-built Tesla cars secure new energy vehicle subsidies

A China-made Tesla Model 3 electric vehicle is seen ahead of the Guangzhou auto show in Guangzhou, Guangdong province, China November 21, 2019. REUTERS/Yilei Sun BEIJING (Reuters) – Tesla Inc (TSLA.O) said on Friday its Chinese-built Model 3 cars would receive state subsidies, a move that will help the U.S. electric vehicle maker’s push into… Continue reading China-built Tesla cars secure new energy vehicle subsidies

Tesla made-in-China Model 3 gets official EV incentive recommendation from govt

Tesla’s new made-in-China Model 3 has been officially added to the list of recommended electric vehicles for “new energy vehicle subsidies” by China’s Industry Ministry. It hints at official sales starting soon. In October, Tesla confirmed that it has produced full vehicles at Gigafactory 3 in Shanghai as part of its trial production. A few… Continue reading Tesla made-in-China Model 3 gets official EV incentive recommendation from govt

Tesla Sentry Mode surveillance system helps catch a vandal slashing tires

Tesla Sentry Mode, Tesla’s integrated surveillance system, helped the police catch a vandal slashing tires in the parking lot of an apartment complex in California. Tesla’s Sentry Mode, which is an integrated surveillance system inside Tesla’s vehicles using the Autopilot cameras around the car, has been changing the game when it comes to vandalizing parked… Continue reading Tesla Sentry Mode surveillance system helps catch a vandal slashing tires

Plug-In Vehicles = 14% of Vehicle Sales in Sweden in November

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Published on December 5th, 2019 |

by Zachary Shahan

Plug-In Vehicles = 14% of Vehicle Sales in Sweden in November

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December 5th, 2019 by Zachary Shahan

Norway gets most of the glory for electric vehicle sales leadership, or China does for the sheer volume of sales there (approximately half of the global market), but there are a few other country markets with notable electric vehicle market share (if not volume) that are fun to track and interesting to compare to Norway. One of those markets is Sweden, which very quietly sits near the top of EV market share rankings, only trailing Norway and Iceland.

Another interesting thing about the market is how big plug-in hybrids are there. I assume there are at least a few reasons for this — the long distances people might need to drive from time to time, the extreme cold, the general brand preferences in the country (and what plug-in models those brands offer), and the popularity of somewhat affordable SUVs … while the Mitsubishi Outlander PHEV is basically the only affordable plug-in SUV on the market. In fact, this is one of the only markets where the Tesla Model 3 isn’t at the top of the list for year-to-date sales because of that Japanese beast, as EV Volumes data point out.

As you can see from those charts, Swedes are in love with Kia, Volvo, and Volkswagen plug-in hybrids. The fully electric top selling Tesla Model 3, Renault Zoe, and Nissan LEAF also do fairly well. That said, compared to other markets, it seems that the Tesla Model 3 still has a lot of potential for growth in the country, and certainly the Model Y as well.

But the burning question is: how will the Tesla Cybertruck do in this freezing cold market?

Back to 2019, though, Jose Pontes points out that Sweden’s plug-in vehicle market was up 37% in November 2019 compared to November 2018, fully electric vehicle market shared dropped from 5% to 3% in that time period, and plug-in hybrid sales rose from 7% to 11% of the national market. In total, that put the November plug-in vehicle sales at 14% of the market, while it sits at 12% for the year through November.

Further, if you’re curious or confused because you see that Volkswagen Passat GTE (a plug-in hybrid) at the top of the November chart but not very high up in the January–November 2019 chart, note that November was just the Passat GTE’s second month on the market.

If you like seeing these sales charts with “Others” included (all plug-in vehicle models outside the top 20 combined), here are those charts:

If you’d like to buy a Tesla Model 3, Model S, or Model X and get some free Supercharging miles, feel free to use my special, magical, unicorn-blessed referral code: https://ts.la/zachary63404. You can also get a $100 discount on Tesla solar with that code. There is currently no use for a referral code when putting down a reservation for a Cybertruck or Model Y.
Follow CleanTechnica on Google News.
It will make you happy & help you live in peace for the rest of your life.

About the Author

Zachary Shahan is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director and chief editor. He's also the CEO of Important Media. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao.

Zach has long-term investments in Tesla [TSLA] — after years of covering solar and EVs, he simply has a lot of faith in this company and feels like it is a good cleantech company to invest in. But he offers no investment advice and does not recommend investing in Tesla or any other company.

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