Electric utilities have a major role to play in the electromobility revolution. A new report from the Southwest Energy Efficiency Project (SWEEP) presents Nevada’s major utility, NV Energy, as an example of how utilities can promote EV adoption, bringing lower costs, cleaner air and new economic opportunities to their customers. The new report, NV Energy:… Read more »
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New book excerpt: The early days of Tesla
This article is an excerpt from Tesla Motors: How Elon Musk and Company Made Electric Cars Cool, and Sparked the Next Tech Revolution by Charged Senior Editor Charles Morris. This 270-page book is a comprehensive history of Tesla, told by the entrepreneurs who made it happen, as well as an assessment of the company’s lasting influence… Read more »
Tesla to build Gigafactory in Nevada, state offers major incentive package
It’s official: Tesla will build its game-changing Gigafactory in Nevada. CEO Elon Musk and Governor Brian Sandoval made the announcement at a press conference, and each gave the usual pep talk. “Tesla will build the world’s largest and most advanced battery factory in Nevada, which means nearly one hundred billion dollars in economic impact to… Read more »
California bill would establish income cap for state EV rebates
California’s goal is to have 1.5 million zero-emission vehicles on the road by 2025 – more than 15 times the current number. The state offers a rebate of $2,500 to buyers of EVs, in addition to the $7,500 federal tax credit. However, sales remain well short of the rate needed needed to meet the ambitious… Read more »
California bill gives renters the right to install charging stations
The California legislature has passed a bill designed to make it easier for property renters to install EV charging stations. Assembly Bill 2565 will give tenants the right to install charging stations at their homes or businesses if the tenant is willing to pay installation costs. Under current law, lease restrictions may add financial burdens… Read more »
Infineon to acquire International Rectifier, pioneer in wide-bandgap semiconductors
Infineon Technologies (OTC: IFNNF), Germany’s largest chipmaker, will acquire California-based International Rectifier (NYSE: IRF) for $40 per share in a $3 billion deal. International Rectifier specializes in power-management semiconductors. Particularly attractive to Infineon is IRF’s expertise in gallium nitride on silicon (GaN) semiconductors. According to Bloomberg, the acquisition will solidify Infineon’s position in GaN discretes… Read more »
LG Chem to supply batteries to Audi
Korean giant LG Chem has agreed to supply batteries to Audi for hybrids and plug-in hybrids, and the companies will collaborate on various future plug-in projects, according to Reuters. “The batteries will be used in Audi’s next-generation plug-in hybrid electric vehicles. Given that Audi shares many auto platforms with parent Volkswagen, we expect more such… Read more »
Renault-Nissan expands cooperation with Mitsubishi, may develop EV
Nissan and Mitsubishi have agreed to expand their current partnership, and could jointly develop an EV. The two companies already work together to build the little egg-shaped Kei cars (of which the Mitsubishi i-MiEV is one example) for the Japanese market. They now plan to develop vehicles for sale abroad, with Mitsubishi introducing two sedans… Read more »
July plug-in sales: LEAF sets 17th straight monthly record
July plug-in sales were lower than in May or June, but 2014 is still on track to handily beat 2013’s figure. Sales of the industry-leading LEAF surged to 3,019 in July, the 17th consecutive monthly record, and just a little shy of May’s all-time monthly best. The 2015 LEAFs are now available for adoption –… Read more »
Tesla quarterly report: progress on all fronts
Steady progress was the theme of Tesla’s second-quarter report, released after the bell on Thursday. Development of the Gigafactory is firmly on track – the company formalized a partnership agreement with Panasonic, and has broken ground at a site near Reno, Nevada. Although, the final location of the factory is still uncertain. “Consistent with our… Read more »