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Germany wants to rival Tesla’s Gigafactory in battery production to power millions of upcoming electric vehicles and for storing renewable energy. TerraE Holding GmbH will choose a company out of five candidates next month to build a 34 gigawatt-hour battery factory, according to TerraE’s chief executive Holger Gritzka. The former ThyssenKrupp executive led a consortium […]

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Tesla is changing course to launch the Model Y sooner, with the compact crossover’s platform being carried over from the Model 3. Previously CEO Elon Musk said the Model Y would be built on its own platform, and the company would be able to hit an ambitious target date in 2019. He also showed a […]

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Tesla’s director of battery tech has left the company, just days after the launch party for the company’s latest vehicle. Kurt Kelty had been with Tesla since 2006, making him one of the longest-serving executives with the automaker. Before that he spent 14 years at Panasonic, Tesla’s partner for the battery Gigafactory in Reno, Nevada. […]

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The Volkswagen ID concept series is getting ready to make a big splash in price competition with the Tesla Model 3. In a July 13 interview with German automotive publication Automobil Produktion, VW’s chief of corporate strategy Thomas Sedran said the German automaker is preparing to launch within the next few years an all-electric Volkswagen […]

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Will China be the leading market for Tesla batteries and electric cars, or its top competitor? A new study by Bloomberg Intelligence reports that Chinese companies are at work on plans to produce more than 120 gigawatt-hours a year by 2021. Demand for lithium-ion batteries is forecasted to radically increase in the next five years […]

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Daimler has officially begun construction of its second lithium-ion battery plant, which the German automaker says will be one of the largest in the world. German Chancellor Angela Merkel and Saxony Minister President Stanislaw Tillich, together with Daimler chief Dieter Zetsche and other executives, toured the existing battery factory in Kamenz on Monday, where the […]

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Tesla has been able to raise more funds than originally expected to back the launch of the Model 3 later this year. The electric automaker raised about $1.2 billion on Friday, about 20 percent more than had been planned by the company. That capital came through about $350 million in common shares and another $850 […]

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Nevada’s treasurer is ratcheting up pressure on Faraday Future to meet its plant construction obligations – and this time has added Tesla to the protocol. State Treasurer Dan Schwartz wants an audit done on both company’s manufacturing plants by the Governor’s Office of Economic Development (GOED). Online news source This Is Reno reported Schwartz wants […]

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Tesla will be shutting down its Fremont, Calif., factory to get ready for high-volume Model 3 production to start in July. The electric automaker said the “brief, planned” pause will make it possible to add capacity in the assembly plant’s paint shop and a few other maintenance items. It’s necessary for the company to meet […]

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Lithuanians have produced a video with a virtual production plant to entice Tesla to build its next factory in their country. Vladas Lasas and 41 other Lithuanian gamers used the Lego-like Minecraft video game as a model for telling the story of how that factory would be set up in their country. The Lithuanians called […]

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