Tesla has opened the order books in China for the Model 3, which the EV manufacturer will produce in its Shanghai plant, which is still under construction. The first deliveries of the Model 3 from local production are scheduled to start in six to ten months.
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Tesla has secured financing for the first phase of its China plant in Shanghai as it signed credit agreements with Chinese banks for up to 3.5 billion yuan (around 465 million euros).
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Panasonic has lowered its forecast for the 2018/19 fiscal year, which ends in March, following a decline in profits over the winter. However, the Energy division, which also includes the battery business with Tesla, recorded its first operating profit in three quarters at 131 million euros.
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UBS analysts have recently come to the conclusion that Tesla Model 3 cells are by far the most cost-effective. Now latest estimates conclude that over 600 million cells of this type have been produced in Gigafactory 1, thus adding up to a total capacity of just under 11 GWh.
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Tesla appears to operate on an aggressive timeline for producing the Model Y, internal documents leaked to Business Insider show. Tesla sent said documents to engineers ahead of the Q3 earnings call in October and so a Tesla spokesperson called these to be “outdated” by now. Still they reveal ambition.
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After recording a profit in Q3 of this year, Tesla has filed a follow-up report to the SEC. Their latest 10-Q filing concentrates on further growth, particularly in the areas of production and service infrastructure and Tesla is ready to spend billions.
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Berlin has now also placed a bid to bring home the first Tesla Gigafactory in Europe. Senator Ramona Pop already contacted Tesla CEO Elon Musk regarding the idea back in August, as well.
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The plan by Tesla’s battery partner Panasonic to set up three new assembly lines in the Gigafactory 1 in Nevada by the end of the year, will likely be completed ahead of schedule. The expansion will increase the production capacity by about 30%.
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Tesla is looking for staff for their planned electric vehicle factory in Shanghai just one month after receiving approval to set up shop from Chinese autorities. Most roles posted on the Tesla website are at senior level, reaching from architectural designer to experienced finance manager.
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Tesla’s battery partner Panasonic is planning to increase their production capacity at the Gigafactory 1 in Nevada by around 30%. The move is designed to keep pace with Tesla’s rather ambitious expansion plans.
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Tesla has reportedly begun preliminary talks with representatives from the German states of Rhineland-Palatinate and the Saarland, regarding the construction of Tesla’s first Gigafactory in Europe. The facility will produce both cars and batteries.
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BYD’s planned battery factory in Qinghai province is becoming much bigger than previously thought. Bloomberg reports BYD is planning to scale up to full capacity of 24 GWh already next year. Globally BYD aims to churn out 28 GWh this year before doubling their output to 60 GWh in 2020.
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The Gigafactory has hit their production target of 5,000 Model 3 batteries a week. A Tesla manager claimed they more than doubled the production rate over the last three months. If so, it means one bottleneck less and four to go.
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The story of the Tesla saboteur is taking crazier turns. After Tesla sued Martin Tripp, he now claims to be a whistle blower and indeed some recent Tesla scathing media reports may be traced back to him.
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Elon Musk has taken to Twitter – no surprises here – to add some detail to plans for a Gigafactory in Europe. And – here’s the surprise – he named Germany as a “leading choice” mainly due to its location in the centre of Europe.
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Today’s Tesla shareholder meeting has been a success for Elon Musk. Shareholders support him as both CEO and Chairman and also his closest (in every sense) board members. Moreover, plans for production in China are moving ahead.
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Tesla has recently flown in six airplanes full of robots and equipment for the new battery production line from their German subsidiary Grohmann from Europe to the United States.
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The next Tesla Gigafactory will be built in China. This was confirmed by Elon Musk at the press conference regarding the quarter 1 numbers. He expects to be able to reveal the exact location “soon”.
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Tesla Semi electric trucks now transport battery packs from the Gigafactory 1 in Nevada to the EV maker’s facility in Fremont. At the same time, a whole slew of videos and photos have appeared, showing the trucks on the road.
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The EU has announced an open competition to develop new battery technology, valued at 10 million euros. The batteries are to provide a 600 km range for EVs and be chargeable within 5 minutes. They should also be made with materials readily available within the EU.
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Northvolt has found a new backer for setting up a battery cell production pilot plant. The Swedish Energy Agency will support the demonstration line, Northvolt Labs, in Västerås with a grant of SEK 146m. The new line precedes a planned Swedish Gigafactory.
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CATL is speeding up its expansion and wants to build a new Gigafactory by 2020. It would be second only to Tesla’s in size. Construction however can only start if CATL manages to collect 2bn dollars by selling shares before this year’s end.
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U.S. channel CNBC reports about a potential further delay of the company’s Model 3 production, referring to current and former Tesla employees. Tesla published a detailed statement to deny these claims.
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Research project Fab4Lib kicks-off and wants to set-up serious cell production in Germany. Led by Terra E Holding, the project unites 19 partners among them Siemens, Thyssen Krupp, StreetScooter, or the RWTH.
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The plan for a Europe-wide battery alliance is due next month. EU vice president Maroš Šefčovič is facing opposition from the industry though as executives doubt their investment in a European Gigafactory would pay off.
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The Japanese battery manufacturer says that it thinks about producing cells for Tesla in a new Gigafactory in Shanghai, China in a comparable deal that they have regarding the so-called Gigafactory 1 in Nevada. That is what “Nikkei” learnt on the sidelines of CES.
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The California-based EV maker stepped up efforts to find employees for its huge battery factory that it runs together with Panasonic in the desert of Nevada – first of all engineers and production assistants.
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Battery production has been slow in the Gigafactory, which forced Teslas’ Partner Panasonic to make do with substitute battery cells from Japan, according to South Korean Newspaper “ETNews”.
WeiterlesenReading tip: Anup Bandivadekar from the International Council on Clean Transportation (ICCT) still believed in the future of diesel tech when the diesel emission scandal just got public. In the Guardian he admits now that he was wrong and furthermore, what exactly made him change his mind.
theguardian.com
Video tip: The Gigafactory 1 in Nevada is rapidly growing – a new video made by a drone shows to what extent the mega project of Tesla and Panasonic has progressed.
electrek.co
Gigafactories worldwide: In the long term, Tesla could operate between 10 and 20 Gigafactories all over the world, CEO Elon Musk suggested at the Annual Shareholder Meeting. Besides the Gigafactory 1 in Nevada und the solar facility in Buffalo called Gigafactory 2, Tesla is looking for three more sites at the moment and wants to come to a decision before the year’s end. Musk also mentioned that the Fremont facility would soon reach its capacity limit and so the Model Y will need an extra site, too.
electrek.co
Charge as you fuel? Researchers from Purdue University say they found an “instantly rechargeable” battery. If battery’s core technology is a membraneless battery, which can be charged with fluid electrolytes in the same time it takes to refill an ICE. It is pretty much the same approach that NanoFlowCell promotes, so we remain sceptical for the time being.
express.co.uk, futurism.com, purdue.edu
Spanish hybrid hyper car: The Boreas Project has the next plug-in hybrid with more than 1,000 hp. It is going to be at Le Mans this June, before moving on to Goodwood in Great Britain. No more than twelve cars will be made.
autoguide.com, carmagazine.co.uk
Jungheinrich extends warranty: The German manufacturer provides a free 5-year warranty on its Li-ion batteries. If capacity falls below 65% of its nominal capacity in this period, Jungheinrich will replce or repair the pack for free.
jungheinrich.com