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Tesla’s 3rd location for next-gen EV production to be named end of 2024-early 2025

Teslarati

During Tesla’s 2022 Investor Day event, the company stated that the next-generation vehicle would utilize an “Unboxed Process” that should make it significantly more efficient to build. And it’s just a lot easier for Tesla engineering to live on the line if it’s in Austin versus elsewhere.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. While BYD said just last month that it has no plans to enter the U.S.

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Heliostat Consortium announces 7 projects to receive combined $3.5M in funding; DOE launches Heliostat Prize

Green Car Congress

Projects from this solicitation, which will be implemented over the next 1–3 years, will focus on lowering the cost of heliostats and heliostat technologies and creating new market opportunities for the heliostat industry. Low-cost heliostats offer significant renewable energy potential. Digital Twin and Industry 4.0

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China’s Chery to set up shop in Europe

Baua Electric

It’s all part of the Chinese brand’s ambitious plan to set up three brands in Europe and launch three new models for each brand, all by 2026 – yet, unfortunately, Chery wants to bring ICE vehicles along with its low-cost EVs, including a luxury gas-burning SUV brand that it already sells in China.

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Sapphire Energy and Linde Group to commercialize hydrothermal treatment technology used to upgrade algae into crude oil

Green Car Congress

This growing partnership builds upon Linde’s and Sapphire Energy’s agreement to develop a low cost, CO 2 management system for open pond, algae-to-fuel production, which was previously announced in May 2011. Today, this Green Crude Farm is operating year-round and producing barrels of crude oil daily.

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Audi is the latest automaker to reveal plans for a lower-cost EV

Baua Electric

The American automaker is developing a new low-cost EV platform to underpin a smaller electric pickup and SUV. 2024 Ford F-150 Flash (Source: Ford) According to Bloomberg Businessweek , Ford’s “skunk works” team working on the platform is led by Alan Clarke, who led engineering on the Tesla Model Y.

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1.136 billion in turnover, 6.7 per cent more customers and 247 new products at the Hannover Messe | Autocar Professional

Baua Electric

More favourable and better solutions for lubrication-free movements, low-cost automation and CO2-reducing products are the focal points. The strategy of many companies to build battery factories in Europe is also sustainable. In 2024, the company will invest in 247 new motion plastics products and digital services.