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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. Xinhua reported that Tesla will break ground on the plant in Q3 and start production in Q2 2024.

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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

Green Car Congress

BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy.

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EV maker Tesla breaks ground on Megapack energy storage battery factory in Shanghai – ET Auto

Baua Electric

It said the factory was slated to start mass production in early 2025, with an initial capacity of 10,000 Megapack units a year. Electric vehicle maker Tesla has begun construction of a factory in Shanghai to make its Megapack energy storage batteries, Chinese state media reported Thursday. It is the No.

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CATL reaches deal to supply energy storage systems to US firm HGP

CN EV Post

The partnership leverages CATL's strengths in battery technology and HGP's strengths in energy infrastructure and storage resource development and will provide a more convenient solution for the market, the release said. This is CATL's latest agreement with a US company for the supply of energy storage systems.

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Gotion reaches deal with Edison Power to tap Japan's energy storage market

CN EV Post

(Image credit: Gotion High-tech) Chinese battery giant Gotion High-tech and Japan's Edison Power Co Ltd have reached a strategic cooperation agreement to jointly tap the energy storage market in Japan. The energy storage battery business is Gotion's second-largest business after power batteries. billion, or 76.51

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Benchmark: battery supply chain hit by Chinese energy cuts

Green Car Congress

Benchmark Minerals reports that China’s ongoing energy shortage, which has seen local governments enforce intermittent power cuts since July 2021, has begun to affect domestic anode and cathode production as several producers were forced to scale back production in late Q3.

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Congress takes aim at Chinese battery companies, including EV maker BYD – Charged EVs

Baua Electric

A bill aimed at cutting major Chinese battery manufacturers out of the Department of Homeland Security’s supply chain recently advanced in the US House of Representatives. One of the things we are doing in the House is taking a look at…where we rely on China more than we should,” said Congresswoman Laurel Lee to reporters. “One