The EV and battery maker wants to start production of its Model 3 for the Chinese market by the end of the year. Next year, according to high-profile CEO Elon Musk, mass production of electric cars will start there, and this is expected to include their batteries as well.
Enphase, Huawei and other companies which make inverters in China may be the beneficiaries of a compromise struck between Presidents Donald Trump and Xi Jinping.
The French Environment & Energy Management Agency has published a report in which analyzes the dynamics of lithium supply and demand in different scenarios of global electrification by 2050. The agency experts are convinced that only with a 75% penetration of electric vehicles there is the real risk of a marked decrease in the safety margin of lithium supply.
Revenue for the polysilicon maker’s solar materials segment fell almost 70% on the previous quarter, and the company reports its Moses Lake, Washington facility is running at only 25% capacity.
Tesla is planning accelerated development and construction of this new battery and EV plant, which will mark the company’s first soirée into international production.
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