article thumbnail

Tesla to build a second Megafactory for utility-scale energy storage units in Shanghai

Green Car Congress

Tesla will build its next Megafactory—the company’s utility-scale battery factory—in Shanghai; the plant will be capable of producing 10,000 Megapacks per year, equal to approximately 40 GWh of energy storage. billion (US$325 million) of annual tax revenues starting at the end of 2023.

article thumbnail

Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Global Nickel Trade and Chinese Dominance.

China 416
article thumbnail

Tesla to build small new LFP battery cell factory with CATL machines, report says

Baua Electric

LFP battery cells are cheaper, more reliant, than nickel-based Lithium-Ion batteries, but they are also less energy densed, which makes them ideal for stationary energy storage products. CATL is a Tesla cell supplier, but the US has been wary of Chinese cell manufacturers coming to the US to take advantage of the tax credit.

article thumbnail

Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

Green Car Congress

The growth capital and Chinese government incentives will be used predominantly to scale manufacturing, research and development, and business development activities in China for the company’s energy storage technology and products. Boston-Power, Inc., GSR Ventures has offices in Beijing and Silicon Valley.

Boston 199
article thumbnail

Boston-Power to supply Li-ion battery systems to Beijing Electric Vehicle Company for EVs, starting with Saab 9-5 based C70

Green Car Congress

The company has introduced two cell products from its technology platform: Swing cells for transportation and stationary energy storage applications; and Sonata cells for notebook and portable power applications, as well as a family of battery blocks, modules and systems for large format applications. Earlier post.)

Boston 265
article thumbnail

Westwater Resources is building a facility in Alabama to process one of the largest graphite deposits in the US

Charged EVs

We first met Jon Jacobs back in 2013, when he was working at Wildcat Discovery Technologies, a battery research firm that developed an innovative process to rapidly synthesize and evaluate energy storage materials. How much more are people willing to pay to get US graphite compared to Chinese suppliers?

Alabama 52
article thumbnail

Tesla supplier sheds light on graphite supply challenge for EV battery manufacturers [Editorial]

Teslarati

Chinese producers quickly increased production after a few months of closures in 2020. The recently passed Inflation Reduction Act included EV tax credits that could go as high as $7,500 for automakers that adhere to a few specific requirements.