Sentences with phrase «electric batteries for»

Industry analyst Menahem Anderman, president of Advanced Automotive Batteries, which produces research on electric batteries for vehicles, says Tesla has yet to turn a profit solely from operations.

Musk introduced the Tesla Powerwall, a wall - mounted lithium - ion electric battery for homes and small businesses, and the Tesla Powerpack, a heftier version of the same core product designed for utility - scale use.

The hybrid van can operate solely on its electric battery for approximately 33 miles.

Plug - in vehicles use an electric battery for short distances to help decrease the amount of fuel a vehicle is using, thus decreasing overall vehicle emissions.

Not exact matches

Without widespread adoption of this zero - emission technology, the electric - car industry will remain a niche business and the demand for Tesla's batteries will never be large enough for the company to scale in a significant way.

«Cuberg's battery technology has some of the highest energy density we've seen in the marketplace, and its unique chemistries could prove to be a safe, stable solution for future electric air transportation,» said Steve Nordlund, vice president of Boeing HorizonX.

As electric cars become more and more common, and as their batteries can hold more and more energy to allow for a range comparable to that of a gasoline car, the main obstacle remains: how to charge the batteries as fast as you can fill in your gas tank.

• Nissan Motor Co (TSE: 7201) agreed to sell its electric battery business to GSR Capital for an undisclosed sum, according to Reuters.

For starters, the cost of an electric car battery — the most expensive component — dropped 35 % last year alone.

Eight years ago Buffett invested $ 232 million for a nearly 10 % stake in BYD (Build Your Dreams), a Chinese company that makes lithium - ion batteries and electric cars.

The car can run for up to 31 miles on electric power alone, which is powered by a 13 kWh lithium - ion battery.

The goal is to generate vast quantities of lithium - ion batteries by early 2017, in time for the launch of Tesla's lower - priced electric vehicle, the $ 35,000 Model 3.

The facility will ensure a steady supply of batteries for Tesla's third - generation electric vehicles and, not coincidentally, a steady supply of energy storage for founder Elon Musk's other brainchild, SolarCity.

In the late 1980s, Magna invested tens of millions in developing a battery for electric vehicles.

This would make the cars lighter — important because of the weight of electric batteries — but also allowing for more inventive designs.

They include ECD's low - cost cell for solar power; «rewritable» compact discs and DVDs; an instant - start, regenerative fuel cell currently in development; and a rechargeable nickel - hydride battery for powering hybrid - electric vehicles, which ECD is producing in a joint venture with Texaco.

That's still a little pricey for the average buyer, but it's way cheaper than most electric cars because the purchase doesn't include the vehicle's most expensive part: the battery.

The site of Tesla's battery factory will be located at the end of a street that has been renamed Electric Avenue.Photo by Winni Wintermeyer for Fortune

The Facebook team also covered Aquila with solar panels and fitted the craft with batteries and an electric motor so the plane can stay up in the sky for 3 months.

Panasonic is prepared to move up its investment plans for Tesla Motors» battery plant if needed to meet strong demand for the electric car maker's upcoming Model 3 sedan, an executive at the Japanese electronics group said.

Daimler believes the new generation of electric vehicles will have «a much longer wheelbase» to accommodate the batteries required for long range operation, Johannes Reifenrath, head of product and powertrain strategy for the Mercedes - Benz brand, said in an interview.

Elon Musk, the CEO of Tesla Motors (and of rocket maker SpaceX), announced that his company would supply battery packs to for Daimler's cute - as - a-button all - electric Smart car.

Up next: Toyota is developing solid - state batteries, an elusive holy grail that could radically improve range and safety for electric cars.

Of course, the main point of the gigafactory is not to produce cutting - edge batteries, but to produce existing tech on a scale that will bring costs down — Tesla hopes to sell an electric sedan for $ 35,000.

Automaker BMW is working with a London - based start - up to use transaction - recording technology blockchain to prove batteries for its electric vehicles will contain only clean cobalt.

More than a decade before he started Tesla, Musk was studying physics at the University of Pennsylvania and then battery technology at Stanford, both key fields for learning how to build an electric car.

In 2008, MidAmerican bought 10 % of Chinese electric - car and battery maker BYD for $ 230 million.

Green Charge is even experimenting with a new business that reuses batteries from Nissan's LEAF electric car to store energy for commercial and industrial buildings.

The tech giant is accused by A123 Systems of poaching top engineers as part of a plan to start making lithium - ion batteries for electric cars.

Tesla Motors had an obligation to pay a total of about $ 1.7 billion to Japan's Panasonic as of Sept. 30 for electric vehicle battery cells made at Tesla's gigafactory in Nevada, the carmaker said in a regulatory filing.

Expectations are especially high for electric vehicle (EV) production and sales, as the Chinese government sweetened the incentive for families to trade in their gas - powered automobile for one that runs on a battery - powered electric motor.

As we at Tesla reach for our goal of producing a mass market electric car in approximately three years, we have an opportunity to leverage our projected demand for lithium ion batteries to reduce their cost faster than previously thought possible.

This will see the batteries of the electric vehicles improved to 100 kWh for a single - charge range of 381 miles.

The electric car company Tesla has announced its entry into the energy market, unveiling a suite of low - cost solar batteries for homes, businesses and utilities, «the missing piece», it said, in the transition to a sustainable energy world.

On the bright side, the acquisition will allow Tesla to streamline its production of electric cars and batteries alongside the manufacture of solar panels, thereby creating a one - stop shop for customers.

Beijing is promoting electric vehicles to combat air pollution and help domestic carmakers leapfrog the combustion engine to build global auto brands, making battery and lithium producers attractive assets for Chinese firms.

TOKYO (Reuters)- Nissan Motor Co said on Tuesday it has agreed to sell its electric battery business to Chinese investment firm GSR Capital for an undisclosed sum.

«Declining ore grades for copper, continued lack of investment in new mines and the time required to bring new discoveries to production will constrain metal availability and, ultimately, the metal sector's ability to meet growing demand from automakers for battery electric vehicle production,» Carol Cowan, a Moody's Senior Vice President wrote.

Forecasts of an electric vehicle boom are behind skyrocketing demand for cobalt, a major component in batteries.

Samsung SDI, the battery division of Samsung, unveiled a new battery for electric vehicles at the 2017 North American International Auto Show in Detroit.

Founded in 2007 by Bernard Tse, who was also originally on Tesla's Board of Directors, Atieva initially planned to provide monitoring software for electric vehicle battery packs.

When electric - car maker Tesla touched off a multistate bidding war for its Gigafactory battery plant last year, most of the attention focused on the tax breaks and other incentives states were offering.

If all the cars sold in the U.S. this year were electric, their battery capacity would be sufficient to power the country for an hour (17 million vehicles x 60 kWh).

For a while now, the only things we've known about Tesla's upcoming Model 3 were the promises made by Elon Musk: A fully electric vehicle with a $ 35,000 price tag and 200 miles of battery range.

«The biggest leverage we have on making electric vehicles more affordable for everyone is reducing the battery cost,» says Straubel.

Fully electric, and with a 200 kWh battery pack, Musk says that it would be «economic suicide» for trucking companies to continue driving diesel trucks.

The previous spring, Musk had made a splashy announcement for the Powerwall, a battery storage product that he called the «missing piece» in the framework that would reinvent how we consume energy alongside electric vehicles and solar panels.

As electric vehicles become more mainstream, however, the prices for battery raw materials have also soared.

Since lithium - ion batteries represent a large percentage of the cost of today's electric vehicle, we believe Apple should be well positioned to leverage its existing knowledge domain and more robust R&D spending in this area, and in turn apply any energy density / battery life improvements for a car across all the other products in its ecosystem that will share the benefit from such battery innovation (iPhone, iPad, Apple Watch, MacBook, Beats).

The acquisition expands Mustang's exposure to the principal battery metals required for electric vehicles and the clean energy grid.