Lithium-ion batteries are everywhere — in phones, laptops, tablets, cameras and increasingly cars. Demand for lithium-ion batteries has risen sharply in the past five years and is expected to grow from a $44.2 billion market in 2020 to a $94.4 billion market by 2025, mostly due to the boom in electric cars.
And a shortage of lithium-ion batteries is looming in the U.S. Former Tesla CTO and Elon Musk’s right-hand man, JB Straubel, started Redwood Materials in 2017 to help address the need for more raw materials and to solve the problem of e-waste. The company recycles end-of-life batteries and then supplies battery makers and auto companies with materials in short supply as EV production surges around the world. Straubel gave CNBC an inside look at its first recycling facility in Carson City, Nevada. Watch the video to learn why battery recycling will be an essential part in making EV production more sustainable.
Lucid, Fisker, Rivian and Canoo are among the well-funded startups racing to release new electric vehicles. WSJ asked CEOs and industry insiders how new auto companies plan to challenge Tesla’s market dominance and take on legacy car makers. Photo composite: George Downs
Mercedes-Benz is perhaps the biggest name in luxury cars globally, and for countless buyers around the world, it is a car brand to aspire to own. The German automaker has a reputation for superb build quality, excellent engineering, and the bragging rights that its founder Carl Benz invented the first production automobile.
Today, Mercedes-Benz faces a new class of challenges as Tesla has become the aspirational brand for younger consumers. There is a slew of other EV hopefuls vying for the next generation’s aspirational vehicle’s mantle. Automakers have had to sink billions into new technologies and contend with a new crop of competitors in the critical Chinese market and around the world.
The global electric vehicle market is heating up and China wants to dominate. The country has invested at least $60 billion to support the EV industry and it’s pushing an ambitious plan to transition to all electric or hybrid cars by 2035. Tesla entered the Chinese market in 2019 and has seen rapid growth.
China sold roughly one million more EVs than the U.S. in 2020. But there are signs the U.S. is getting more serious about going electric. President Joe Biden announced a goal to reach net-zero emissions by 2050 and investments in green infrastructure. Watch the video to find out how China came to dominate the market and whether it’s too late for the U.S. to catch up.
Tesla’s gigafactory and Apple’s second-largest campus aren’t the only big businesses coming to Texas. From Oracle to Hewlett Packard Enterprise, Elon Musk to Joe Rogan, Texas has lured an increasing number of big businesses and billionaires away from California since the pandemic began. While California’s population and job growth both slowed to a trickle, Texas added more residents than any other state in 2020. CNBC talks to those moving and longtime Texans about the reasons behind the trend and what it could mean for the future of the Lone Star State.
As Tesla looks to expand to new markets, rumors are circulating that India could be next. While the 5th largest auto market could be big for the ev manufacturer, it’s filled with challenges and increasing competition.
There is an electric vehicle revolution sweeping the world, but India is lagging behind. Elon Musk has said that Tesla will enter India this year, but it’s not clear if that will actually happen. On January 8th, Tesla took its first step towards launching in the country, registering Tesla Motors India and Energy Private Limited in Bengaluru.
But when Tesla does eventually come to India, it won’t be easy. The electric vehicle industry is in its infant stages there, lacking much of the infrastructure needed for widespread adoption. And the most popular vehicles are motorcycles, rickshaws and budget passenger cars. Watch the video to find out what Tesla will be up against in India.
A Tesla Supercharger is a 480-volt direct currentfast-charging technology built by American vehicle manufacturer Tesla, Inc. for their all-electric cars. The Supercharger network was introduced on September 24, 2012 with six Supercharger stations. As of December 31, 2020, Tesla operates over 23,277 Superchargers in over 2,564 stations worldwide (an average of 9 chargers per station). There are 1,101 stations in North America, 592 in Europe, and 498 in the Asia/Pacific region. Supercharger stalls have a connector to supply electrical power at maximums of 72 kW, 150 kW or 250 kW.
The original V1 and V2 Tesla supercharging stations charge with up to 150 kW of power distributed between two cars with a maximum of 150 kW per car, depending on the version. They take about 20 minutes to charge to 50%, 40 minutes to charge to 80%, and 75 minutes to 100% on the original 85 kWh Model S. The charging stations provide high-power direct-current (DC) charging power directly to the battery, bypassing the internal charging power supply.
In September 2017, Tesla announced the availability of urban Superchargers. The urban Superchargers are more compact than the standard Supercharger stalls, and will be primarily deployed in urban areas such as mall parking lots and garages. Compared to the standard Superchargers, urban Superchargers have a maximum power delivery of 72 kW. Instead of 150 kW distributed between two vehicles at a Supercharger A/B stall pair, each Urban Supercharger stall provides dedicated 72 kW capacity.
A few of the Tesla supercharging stations use solar panels to offset energy use and provide shade. Tesla plans to install additional solar power generation at Superchargers.
Gone are the long waits at charging stations: Chinese electric-vehicle startup NIO is pioneering battery-swap systems, challenging Tesla and other rival car makers. Here’s how NIO and Tesla are racing for the world’s largest EV market in China.
The personal transportation industry has been shaken up over the past decade or so, with the introduction of electric cars proving to be more environmentally friendly, and importantly, cheaper to run, than their petrol or diesel counterparts. Bike manufacturers are also working on the transition in the motorcycle segment. While this change has been taking place, trucking has been continuing unchanged in the background. Our food, household goods, and even electric car parts, have been transported by diesel power just like they have been from the start, while the industry has grown to be worth $700 billion in the US alone, more than many of the world’s countries’ GDPs. With the huge weights involved, electrifying the trucking industry has taken a back seat due to the impracticality, but at the end of 2017, 3 years ago, Tesla announced plans to change this with the Semi, a fully electric truck designed to shake up the shipping industry. Why The Tesla Semi Is The Future of Trucks