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Overcoming multiple bottlenecks will be essential for scaling up key technologies required to reduce GHG emissions and address the adverse consequences of climate change. The technologies that must be scaled up and reduced in cost are: Geothermal, nuclear, solar and wind electricity generation. Batteries and hydro storage to increase the effective production of intermittent electricity …
Ford, GM, other carmakers in midst of tapping into Tesla plugs Decision said to slow growth of network; some may be rehired Bloomberg Tesla Inc. eliminated almost its entire Supercharger organization, which has built a vast network of public charging stations that virtually every major automaker is in the process of tapping into in the US. …
Tesla Axes Most of Supercharger Team in Blow to Other Automakers Read More »
Bloomberg News Tesla Inc. is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales. The electric-vehicle maker plans to start production on the cheaper cars before the second half of 2025, when it had previously pledged to begin making them. The Elon Musk-led company has been coping …
Tesla to Accelerate Launch of Cheaper Cars After Sales Miss Read More »
By Clyde Russell (Reuters) – China’s dominance of global electric vehicle production and sales is an established fact, but a new International Energy Agency (IEA) report points to the country extending its influence in autos across the fast-growing economies of Asia. The IEA’s Global Electric Vehicle (EV) Outlook 2024 report, released on Tuesday, shows that China …
China’s EV Strategy of Going Small and Cheap to Pay Big Dividends in Asia Read More »
Elon Musk’s Robotaxi Reboot Plunges Struggling Tesla into Chaos Strategic shift comes as carmaker prepares Tuesday to report its first revenue decline in four years Bloomberg News Elon Musk’s underlings at Tesla Inc. are accustomed to chaos. It comes with the territory of working for a chief executive who sets exacting targets and often abruptly switches directions — …
Summary So far, few models can deliver V2G Technology still experimental, also faces regulatory hurdles Could help to balance power grid, but needs to be managed (Reuters) – Automakers from General Motors to Volvo Cars, alongside utilities and charging app operators are calculating their financial cut as EVs that allow their owners to sell power …
Automakers Hope for a Cut as Two-Way EV Charging Becomes Real Read More »
Elon Musk’s company reported disastrous vehicle deliveries early this month Bloomberg News Tesla Inc. will slash global headcount by more than 10 per cent, Elon Musk wrote in an email to staff, as the carmaker grapples with a slowdown in electric vehicle demand. Tesla CEO Elon Musk sent a company-wide email announcing layoffs of “more than 10%” of Tesla’s …
To install 17,000 delivery van chargers at 120 warehouses, the company had to be flexible, patient and spend a lot of money. Amazon’s Maple Valley, Washington, warehouse is built for speed. At night, big rigs pull up to one end to unload boxes and padded mailers – some after a short drive from a bigger …
How Amazon Became the Largest Private EV Charging Operator in the U.S. Read More »
Bloomberg News Tesla Inc. may be headed for a gloomy milestone as waning demand for electric vehicles and elevated interest rates take a toll on sales. Analysts rapidly lowered their projections for this week’s deliveries report as the quarter came to a close. Some on Wall Street are even braced for Tesla’s first sales decline since the early …
Tesla Has Wall Street Worried About How Many Cars it Just Sold Read More »
CEO says company will have to cut costs to make EVs affordable for the middle class The Associated Press DETROIT — Jeep maker Stellantis NV is laying off about 400 white-collar workers in the United States as it deals with the transition from combustion engines to electric vehicles. EV price gap needs closing to spur demand The company …
Stellantis Lays Off About 400 Workers to Cut Costs in EV Transition Read More »
