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Tesla publishes Master Plan Part 3; $10.4T for a sustainable global energy economy

Green Car Congress

During Tesla’s Investor Day held in March, Elon Musk touched on Tesla’s Master Plan Part 3, which outlines a proposed path to reach a sustainable global energy economy through end-use electrification and sustainable electricity generation and storage. Earlier post.)

Economy 464
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15+ global automotive brands testing StoreDot extreme fast charging high energy battery cells

Green Car Congress

StoreDot, a developer of extreme fast charging high energy batteries for electric vehicles, announced that its XFC batteries and systems are now being tested by more than 15 global automotive brand manufacturers, and that it has additional potential manufacturing partnerships in the pipeline for this year.

Global 417
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Over One Million Electric Vehicles Sold Globally in January

Electric Cars Report

Over one million Electric Vehicles were sold globally in January, according to the leading EV and energy transition research house, Rho Motion. The most EVs ever sold in January, up 69% from January 2023 when 660,000 were sold.

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BorgWarner on track for ~$3.7B of electric vehicle revenue by 2025

Green Car Congress

billion of electric vehicle revenue by 2025. The company now expects its 2022 electric vehicle revenue to grow to approximately $850 million—more than double what it was in 2021. BorgWarner has just added Rhombus Energy Solutions, a provider of charging solutions in the North American market. Earlier post.)

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Juniper Research forecasts on-road hydrogen vehicles to exceed 1M globally by 2027

Green Car Congress

A new study from Juniper Research forecasts that the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022—substantial growth of more than 1,500%—with the bulk of the deployed vehicles in China and the Far East.

Hydrogen 474
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S&P Global: US faces new challenges meeting increased demand for critical minerals spurred by IRA

Green Car Congress

The US Inflation Reduction Act (IRA) is accelerating demand for critical minerals (lithium, cobalt and nickel) and copper that are vital to energy transition technologies. However, ensuring enough qualifying supply to meet that demand faces “considerable challenges,” according to a new analysis by S&P Global.

Global 370
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Octillion shipping 1,500 battery packs per day globally

Green Car Congress

Octillion Energy, a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems, has achieved the milestone of shipping more than 1,500 battery packs a day and expects to hit 2,000 packs per day this month. billion kilometers driven on its systems.

Global 329