Electrification Solutions’ Post

News in #Battery Factory Construction “Automakers and battery manufacturers have collectively invested and promised to invest around $112 billion in building domestic cell and module manufacturing. Together, these companies promise to deliver an annual capacity of close to 1,200 gigawatt-hours before 2030, if each factory reaches maximum capacity. That’s roughly enough batteries for 18 million EVs, based on previous Tesla predictions that say about 100 GWh capacity can power around 1.5 million EVs.” Read more : https://lnkd.in/ggPdYdt6

Tesla, Inc. is an American company that manufactures and sells electric cars, as well as power storage and photovoltaic systems. As of July 2024 Tesla has a market cap of $785.78 Billion. This makes Tesla the world's 12th most valuable company by market cap according to our data. Source: Companies Market Cap #Business #BusinessInvestment #BusinessNews #BusinessPost #BusinessHubs #BusinessGrowth #BusinessInsights #BusinessBangladesh #IndustryInsights #IndustrialNews #BusinessBrillianz

Although #Cleanerwatt's data analysis is based on figures up to the third quarter of 2022, Tesla's profit in energy storage projects remains notably high. With the sharp decline in raw material costs for energy storage batteries since 2023, Tesla's profit margin is expected to increase further. Additionally, in December 2023, there was news that Tesla had purchased land in Shanghai, China, for the construction of the Shanghai Megapack factory to produce energy storage products. This move indicates Tesla's commitment to its new energy business, with future revenue expected to surpass that of its electric vehicle business. Tesla is driving the development of clean energy in its unique way, contributing to a sustainable future. #Tesla #EnergyStorage #SustainableFuture #RenewableEnergy #Megapack #CleanEnergy

Judging from the production capacity planning of various companies, 4680 large cylindrical battery production lines from Tesla, Panasonic, LGES, Samsung SDI, EVE Energy, CATL, and other companies will be put into production one after another from 2022 to 2024. Tesla began producing 4680 large cylindrical batteries as early as April 2022, and the annual production capacity was increased to 4GWh in December 2022. In January 2023, it announced the expansion of its Nevada factory, with planned production capacity reaching 100GWh. As of June 2023, approximately 10 million battery cells have been shipped, which can meet the loading needs of approximately 12,000 Model Y vehicles. Followed by Panasonic, which announced in May 2023 that it would postpone the commercial production of 4680 large cylindrical batteries to April 2024. In the same month, it announced that it would build two or more factories in the United States by 2031 to increase its 4680 large cylindrical battery production capacity. Other companies including LGES plans to build a new 4680 large cylindrical battery production line by end 2023. Furthermore, Samsung SDI, EVE Energy, CATL, and BAK are all accelerating the construction of 4680 large cylindrical battery production lines. In terms of auto company adoption, Tesla, BMW, General Motors, Rimac, NIO, JAC Motors and other auto companies are all vigorously deploying 4680 large cylindrical batteries. Of which, BMW has signed 4680 large cylindrical battery agreements with EVE Energy, CATL, and Envision Energy from September to October 2022 respectively. The 4680 large cylindrical battery supply agreement purchase order exceeds 110GWh. Calculated based on 100kWh per electric vehicle, equates to 1.1 million electric vehicles. Continue reading: https://lnkd.in/gdXFBYhA #lithium #lithiumbattery

No wonder Tesla is profting from BESS because of the increasing demand of sustainable power supply and saving bills. BESS does more than just address power interruptions and shortages for residential and industrial/commercial applications. They also play a crucial role in peak shaving, load balancing, and saving electricity resources on the generation and transmission side. For businesses and households, they reduce electricity usage costs. Their significance in driving the transition to clean energy is immense, and as battery costs continue to decrease, they are expected to become more widely adopted. #EnergyStorage #CleanEnergy #EnergyEfficiency

A new ecosystem is emerging where cars are like Distributed battery packs on wheels which energy companies will want to rent “ The energy opportunity of Tesla next to their energy business consisting of megapacks, powerwalls, autobidder, superchargers , home charging and Tesla energy Will we hear more about this eco system in tomorrows Tesla q2 earnings ?

In a strategic and significant expansion initiative, Tesla has officially unveiled its plans to enhance its lithium battery PACK production line located at its Gigafactory in Nevada, a move designed to keep pace with the burgeoning demand for electric vehicles (EVs) and energy storage solutions. This surge in demand is attributed not only to an uptick in consumer interest but also to robust government initiatives aimed at promoting sustainable energy practices amidst the global push towards reducing carbon footprints. #BatteryPACKProductionLine https://buff.ly/3U5K8xG

Right where you start to agree with Peter Thiel that competition is for losers. How on earth can one compete with these guys? BYD produced more cars they said. Tesla innovated some more. Do something that gives you 10x the advantage and move quick and fast. #RenewableEnergy #transportation Tesla says its new battery technology will be cheaper than suppliers' cells by the end of the year https://lnkd.in/divGT2iS

Article about Tesla #snsinstitutions #snsdesignthinkers #designthinking Tesla was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors.Tesla was the first automaker to use cylindrical, lithium-ion battery cells. When it built the first generation Roadster, it used off-the-shelf 18650-type (18 mm diameter, 65 mm height) cylindrical batteries that were already used for other consumer electronics. Tesla subsidiary Tesla Energy develops, builds, sells and installs solar energy generation systems and battery energy storage products (as well as related products and services) to residential, commercial and industrial customers. The subsidiary was created by the merger of Tesla's existing battery energy storage products division with SolarCity, a solar energy company that Tesla acquired in 2016. The first Tesla product, the Roadster sports car, debuted in 2008, followed by the Model S sedan, which was introduced in 2012, and the Model X SUV, which launched in 2015.Tesla developed the alternating-current power system that provides electricity for homes and buildings.

Article about Tesla: Tesla, Inc., founded in 2003 by Martin Eberhard and Marc Tarpenning, has become a household name in the automotive and clean energy sectors. Under the leadership of Elon Musk, who joined the company as an investor and later became CEO, Tesla has grown into a global leader in electric vehicles (EVs), energy storage, and solar energy solutions. Its mission, "to accelerate the world's transition to sustainable energy," has driven innovation in multiple industries. Electric Vehicles Tesla's lineup of EVs, including the Model S, Model X, Model 3, Model Y, and the upcoming Cybertruck and Roadster, has set benchmarks for performance, range, and technology. The Model 3, introduced in 2017, became one of the best-selling EVs worldwide, showcasing Tesla's ability to combine affordability with innovation. Key features like Autopilot, over-the-air software updates, and high-performance electric powertrains distinguish Tesla vehicles from traditional combustion-engine cars. Energy Solutions Beyond cars, Tesla is a major player in the renewable energy sector. Its energy products include the Powerwall, Powerpack, and Megapack battery storage systems, which help homes, businesses, and utilities store and manage clean energy. Tesla also produces solar panels and the Solar Roof, designed to seamlessly integrate solar energy generation with modern architecture. Gigafactories Tesla's global expansion relies on its Gigafactories, massive facilities that produce batteries, vehicles, and other components at scale. These factories, located in the U.S., China, Germany. #snsinstitutions #snsdesignthinkers #designthinking