Search Results Found For: "demand charge"

Tough times for Tesla – Q1 earnings report lays out large loss

Tesla had a rough week. In its first-quarter 2019 earnings report, it described a loss of $702 million, or $4.10 per share – quite large even by Tesla’s standards, and greater than the $1.81 per share that Wall Street analysts (surveyed by FactSet) had forecast. Q1 revenue of $4.54 billion also fell short of expectations,… Read more »

Elon Musk: Model 3 production constrained by Panasonic battery cell capacity

After Tesla and Panasonic announced that they were freezing expansion plans for the Nevada Gigafactory, several news outlets reported that the partners had postponed expansion because of shrinking demand for Tesla’s vehicles, but to the best of our knowledge, none presented any evidence that this was the reason for the decision. Now Elon Musk says… Read more »

AxleTech launches new line of electric powertrain systems

AxleTech is exhibiting a new line of electric powertrain systems for off-highway applications at the Bauma construction machinery trade show in Munich. AxleTech’s new AFE Series eAxle integrates interchangeable water-glycol cooled motors and a single-, 2-, or 4-speed gearbox. The eAxle also includes the company’s new modular eCarrier system. The AFE Series eAxle is compatible… Read more »

Motor maker YASA launches 200 kVA controller

YASA, a UK manufacturer of axial-flux electric motors, has announced availability of the first in a new series of motor controllers for EVs and PHEVs. The Si400 controller delivers 200 kVA from a 5-liter package. The 12.8 lb controller features thermal management, including dielectric oil cooling, and is compatible with induction, permanent magnet and axial-flux… Read more »

Tesla and Panasonic reported to be reconsidering Gigafactory expansion plans

Earlier this week, Nikkei reported that Tesla and Panasonic have suspended plans to expand the capacity of Gigafactory 1. The two companies had planned to increase capacity at the Nevada plant by about 50 percent by 2020, but financial problems have forced them to put those plans on hold, the newspaper said. Panasonic will “study… Read more »

Tesla’s Model 3 was the top-selling car in Switzerland in March

I’ve written so many articles about Switzerland being an EV laggard in Europe that it’s only fair to trumpet the news that the Swiss auto market has been “struck by Tesla lightning,” as the Neue Zürcher Zeitung, one of the country’s top daily newspapers, put it. Tesla’s Model 3 was the best-selling car of any… Read more »

Austrian and Swiss postal services pledge to go 100% EV by 2030

National postal companies Swiss Post and Austrian Post have committed to fully electrifying their delivery fleets by 2030. The announcement comes as they join EV100, an EV initiative led by non-profit The Climate Group. To join EV100, companies must make public commitments to integrate EVs into their service fleets or install EV chargers on premises… Read more »

China slashes EV subsidies, electric automaker shares fall

China has announced substantial cuts to existing subsidies for EV purchases. The subsidy for pure EVs with ranges of 400 kilometers (250 miles) and above will be halved, to 25,000 yuan ($3,700) per vehicle, the Chinese Ministry of Finance said (via Bloomberg). The minimum range to qualify for any subsidy will also be raised from… Read more »