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Panasonic will invest $705 million to launch Tesla 4680 battery production in 2023

Teslarati

Panasonic will invest as much as $705 million on new production facilities in Japan as it plans to build Tesla’s new 4680 battery cell as early as 2023, new reports said. Tesla unveiled the 4680 battery cell at its Battery Day event in September 2020. Tesla unveils the 4680 Battery Cell in September 2020.

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MITEI study finds hydrogen-generated electricity is a cost-competitive candidate for backing up wind and solar

Green Car Congress

A team at MITEI (MIT Energy Initiative) has found that hydrogen-generated electricity can be a cost-competitive option for backing up wind and solar. Currently, plants burning fossil fuels, primarily natural gas, fill in the gaps as peaker plants—a tendency that is likely to grow pari passu with VREs.

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BMW Group and PG&E launching ChargeForward Phase 3 pilot; V2G testing

Green Car Congress

The BMW Group and Pacific Gas and Electric Company (PG&E) announced an expanded partnership that further leverages renewable energy to sustainably power electric vehicles (EVs). Through smart charging, EVs act as a flexible grid resource to support the overall reliability of the electric grid.

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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

Green Car Congress

The American Power Act, released as a discussion draft, targets reducing greenhouse gas (GHG) emissions by at least 4.75% compared to 2005 levels by 2013; by at least 17% compared to 2005 levels by 2020; by at least 42% compared to 2005 levels by 2030; and by at least 83% compared to 2005 levels by 2050. compared to 2005 levels.).

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Fisker names its all-electric SUV Ocean; unveils app-based leasing program

Green Car Congress

revealed the name of its upcoming all-electric luxury sports utility vehicle: Fisker Ocean. The all-electric SUV will come standard with an extended range (target of approximately 250 to 300 miles, depending on driving conditions), enabled by an approx. 80 kWh lithium-ion battery pack. 80 kWh lithium-ion battery pack.

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Hyundai IONIQ 6, Kona EV are two of the cheapest cars (EV or gas) to lease at just $169/mo

Baua Electric

Hyundai is offering two of the cheapest cars to lease (EV or gas-powered), the IONIQ 6 and Kona EV, in the US, with prices as low as $169 per month. According to S&P Global registration data, Hyundai was the fourth best-selling EV maker in 2024, with 51,411 electric cars delivered, or 4.5% Who said EVs are not affordable?

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Ford announces China electrification push with new Mondeo PHEV and long-range electric SUV; 70% electrified line-up by 2025

Green Car Congress

Ford also confirmed plans to bring an all-new fully electric small SUV to China within five years; the electric SUV will feature a range of up to 450 km (279 miles) and will also be marketed in North America and Europe. If the battery of the Mondeo Energi is running low, it can easily be charged at home or the office.

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