Many of the world’s automakers are finding they don’t have enough batteries available for the electric cars they are building. Audi last week reportedly shut down it e-tron factory for 4 days because of a battery shortage.
Span, maker of the smart electrical panel, has partnered with LG to develop a fully integrated electrical and energy management system for the home. The new offering will integrate Span’s smart panel and LG’s RESU energy storage units to give homeowners unprecedented control over their energy to enable them to use it when the want, how they want.
Tesla’s Q4 2019 earnings call sent the stock into orbit during after-hours trading and in subsequent days. For a quick overview of the company’s financials, check the source — Tesla’s official Q4 and FY2019 update. Meanwhile, I was furiously taking notes during the company’s conference call, which had engaging questions from retail investors (via the innovative SAY.com platform), and assorted Wall Street analysts.
On Monday, General Motors announced its plans to build all-electric trucks and SUVs, along with the Cruise Origin, an electric autonomous ride sharing sharing vehicle, at the Detroit-Hamtramck assembly plant. I spoke with GM leadership about the news. Some initial notes are below. More are coming in a future article.
GM’s Detroit/Hamtramck factory will close at the end of February and will be reconfigured to produce electric vehicles, including the Cruise Origin electric shuttle.
The market has changed much since then, and just one month ago GM and LG Chem announced a joint venture to build a 30+ GWh battery factory in Ohio, and drive down battery costs in the process.
For years, we have asked respondents what vehicle body type they prefer for an EV. The answers may surprise you. Despite the crossover and SUV craze, our respondents in North America indicated they prefer a sedan or hatchback.
General Motors and LG Chem are establishing a new joint venture to build battery cells at scale in the US. The new JV puts both companies on equal footing and will kick off with the construction of a new 30 GWh battery cell plant in northeastern Ohio that will create more than 1,100 new jobs.
A bitter dispute between LG Chem and SK Innovation over lithium-ion battery technology threatens to delay the rollout of electric cars in the US and Europe.
Tesla has 49 so-called Experience Centers in China where people can go to learn more about Tesla automobiles. CNN reports that Model 3 sedans built at Gigafactory 3 in Shanghai are now available at those Experience Centers for test drives, citing a post Tesla made on WeChat. The Model 3 is also featured at an international car show in the city of Guangzhou that opened last Friday.
