Remove Affordable Remove Auto Industry Remove Illinois Remove Renewable
article thumbnail

The EV Transition Explained: Reshaping Labor Markets

Cars That Think

The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable. By some estimates , upwards to 80,000 auto workers and a similar number in the auto supply chain have already been laid off globally to support the EV transition.

Market 87
article thumbnail

The EV Transition Explained: Policy Roadblocks

Cars That Think

Affordability is expected to be just one highly contentious issue: Who, exactly, is going to pay for grid upgrades? Given the increased future dependency on renewables, the grid as a whole needs to be much more reliable and flexible than it is today. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL).

Grid 95
article thumbnail

Tesla 2024 Annual Shareholder Meeting transcript: June 13, 2024

Teslarati

We design our manufacturing processes to use less water per vehicle than the industry average, and for the third year in a row, we power our Supercharger network with 100 percent renewable energy. I mean, for reference, the auto industry is roughly 100 million vehicles per year. Safety is good in the factory.

Tesla 102