cobalt

New South African Lithium-Ion Cell Mega-Factory, Plans For 32 GWh/Year By 2028

The battery storage market in South Africa is expected to grow significantly going forward as companies and homes look to cushion themselves from ongoing electricity blackouts. Eskom, the stated-owned utility company, has been battling to keep the lights on during peak demand hours. Electricity blackouts are expected for at least another 18 months according to some reports.

Tesla Getting Into The Mining Business Makes Sense

Sean Mitchell has published his thoughts on YouTube as to why Tesla getting into the mining business makes sense. When Elon Musk first talked about Tesla going into the mining business, I got really excited, but my mind went off in another direction. I immediately envisioned a Tesla booth at a gem show with minerals in every color shaped like little Teslas. I am sure that’s not what Elon had in mind.

Powering The EV Revolution — Battery Packs Now At $156/kWh, 13% Lower Than 2018, Finds…

Bloomberg New Energy Finance (BNEF) has released the results of its 2019 Battery Price Survey, finding that industry-weighted average battery pack prices have already fallen to $156 per kWh. This is over 13% lower than the 2018 average ($180/kWh, when adjusted for inflation), and BNEF foresees cost reductions continuing, with $100/kWh potentially being reached by 2023. Let’s dive in.

Volvo Uses Blockchain To Ensure Ethical EVs

Blockchain technology is (in the simplest way I can think of to describe it) a time-stamped series of transactions that are linked together, mathematically, to form a “chain.” Each transaction in the chain is a “block,” and they’re tied together using a cryptographic algorithm (fancy math) in a way that makes it impossible for the chain to be modified.