Tesla’s earnings report for the third quarter of 2013, released Tuesday, told a tale of steady, if modest, progress on almost all fronts. The company delivered a record number of vehicles, increased its gross margins, increased its cash balance – and either earned or lost money, depending on how you’re counting. Just over 5,500 Model… Read more »
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Japanese mining firm triples lithium nickel oxide production
“Just one word, young man: lithium!” As EV production ramps up, companies at all points in the supply line for the lightest metal are getting ready for new levels of demand, from Tesla CEO Elon Musk, who recently warned that a “truly gargantuan battery factory” will soon be needed, to Panasonic, which is investing $200… Read more »
Dual battery pack could give next-generation Tesla unprecedented range
Is Tesla working on a new type of hybrid pack that combines two different battery technologies to deliver a huge increase in range? This question has been floating around the discussion groups for a few months, but several outlets reported it as breaking news this week after a couple of stock analysts discovered the story… Read more »
Samsung SDI to supply batteries to Tesla?
Tesla is looking to diversify its supply of lithium-ion batteries, and is close to an agreement with Korean firm Samsung SDI, the Korea Herald reported, citing unidentified industry sources (an SDI official has denied the report). “We understand SDI and Tesla are undergoing last-minute tests before the Korean company starts to supply its batteries,” said… Read more »
Musk expands on Tesla’s Q2 financial report
Last evening, Tesla Motors announced its Q2 2013 financial results, and afterward, Chairman & CEO Elon Musk and CFO Deepak Ahuja took questions from journalists and analysts for about an hour. As expected, Musk did most of the talking, and covered a lot of ground concerning Tesla’s future production plans and international expansion. On… Read more »
Tesla’s Li-ion battery supplier to increase production
Panasonic has told the Japan Times that it will increase domestic production of lithium-ion automobile batteries in order to meet robust demand in the US. The giant electronics maker said that it will restart idled production lines at an Osaka factory that produces batteries for Silicon Valley standard-bearer Tesla Motors as early as January, while… Read more »
Toyota increases production of lithium-ion batteries
Toyota and Panasonic plan to build a new $194-million production line to produce Li-ion batteries, with a capacity of 200,000 units per year.
Musk: Boeing batteries “inherently unsafe”
Well, what a surprise – Elon Musk is in the news again. A few days ago, he offered to help out beleaguered Boeing, whose pride and joy, the new 787 Dreamliner, has been grounded because of its battery pack problems. Now Musk has criticized the Dreamliner’s battery design as “inherently unsafe,” in an email to… Read more »
We need more energy: Envia Systems’ 400 Wh/kg Li-ion cells
Envia Systems crushed the record for energy density of an automotive rechargeable Li-ion battery at 400Wh/kg. Now all the small start-up has to do is partner with everybody, become the industry standard, and change the world. Most of us know the public library as a place to get some free Wi-Fi, meet up with people for… Read more »
A123 to supply battery packs to Tata for hybrid buses
Startup battery maker A123 Systems scored a potentially massive new contract Thursday, with a deal to supply lithium-ion battery packs to Tata Motors, India’s largest automaker, for hybrid commercial vehicles. A123’s lithium iron phosphate battery packs, featuring the company’s prismatic cell technology, are expected to be deployed on city buses during the second half of… Read more »