After over 90% Erosion In Value, QuantumScape Future Has Many Possibilities Updated On Wed, Jul 6th, 2022 by Saurenergy Wall Street has been ominous for most stocks in 2022, more so on smaller, unprofitable growing companies which are typically more sensitive to rising rates, inflation and supply chain challenges. The same has been the case with QuantumScape (QS) investors. QS stock is losing money and there are no product revenues. It is a special-purpose […] Read more
BYD To Start Supply of Batteries to Tesla Soon Updated On Thu, Jun 9th, 2022 by Saurenergy In what could be a key moment in the global electric vehicle industry, BYD will be supplying its batteries to the leading electric vehicle seller in the world – Tesla. The China-based company’s senior executive Lian Yubo said during an interview with the state controlled media house that BYD will sell its batteries ‘very soon’ […] Read more
Tesla Nears Setting-up Electric Vehicle & Battery Factory in Indonesia Updated On Tue, May 24th, 2022 by Saurenergy Leading EV seller Tesla is close to inking a pact that will allow the US-based company to set up an electric vehicle factory in Indonesia. The facility may come up in Central Java’s Industrial complex and it may also host manufacturing of EV batteries. As per reports, the construction could start by the end of […] Read more
Gallium Nitride Makes Progress As A Substitute To Elevated Lithium Prices Updated On Wed, May 18th, 2022 by Saurenergy Since Lithium has become far too dear to afford, Gallium Nitride is being considered by many as a substitute. It not only offers higher energy density but also saves on weight. Tesla CEO Elon Musk will probably be pondering the question, as even as traded lithium carbonate prices climbed 413 percent between January and December […] Read more
Judge sides with Elon Musk in lawsuit over SolarCity Updated On Thu, Apr 28th, 2022 by Saurenergy A judge in the state of Delaware on Wednesday handed Tesla chief Elon Musk a victory in a shareholder lawsuit filed over the controversial buy of solar panel maker SolarCity. The judge ruled against a group of Tesla shareholders who contended that Musk, who was chairman of both Tesla and SolarCity at the time of […] Read more
Dependence on Lithium A Speed Breaker For EV Transition Updated On Tue, Apr 26th, 2022 by Saurenergy Lithium supply chain risks are wrecking plans for the expansion of EVs as well as large storage. Among its other uses in renewable technology, lithium is a key element in electric car batteries. Electric car sales are at an all-time high, with companies including Tesla, Volkswagen, and Mercedes posting record shipments in the first three months of […] Read more
Tesla Decision To Scrap Charging Equipment with Electric Vehicles Draws Protests Updated On Tue, Apr 19th, 2022 by Saurenergy In a surprising move leading electric vehicle manufacturer Tesla has announced that it will no longer be providing charging equipment with its electric vehicles. This implies that electric vehicles can’t be charged at households. Founder Elon Musk said the new strategy is adopted because statistics show low usage of charging electric vehicles at homes. He […] Read more
Boom In LFP Battery Use On The Way, But Not Without Hurdles Updated On Tue, Feb 8th, 2022 by Saurenergy With wider adoption by some of the industry heavyweights, Lithium Iron Phosphate or LFP battery technology is set to flourish in the very near future. Its growing acceptance in the global market has strengthened the technology’s foothold in the automotive industry. Strength of LFP It’s noteworthy that the transition will be much easier because of […] Read more
Iron-based Batteries’ Future Looks Bright As Tesla Weighs In Updated On Fri, Aug 6th, 2021 by Saurenergy Of late, leading executives in the automotive sector have been indicating a reversion to older, cheaper lithium-iron-phosphate (LFP) batteries in their products. Tesla CEO Elon Musk has recently spoken of such a shift in the company’s energy storage devices and some entry-level EVs. Additionally, Ford CEO Jim Farley has said the company would use LFP batteries […] Read more
