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Elon Musk responds to Tesla Supercharger shutdown on NJ Turnpike

Pension fund leaders with Tesla investments are urging the company’s board to mandate Elon Musk dedicate at least 40 hours per week to the electric vehicle maker, citing a looming crisis. The group holds a combined 7.9 million TSLA shares and expressed alarm over Tesla’s challenges in

LG Energy Solution begins large-scale ESS battery production in North America

  LG Energy Solution has begun large-scale production of lithium iron phosphate (LFP) batteries for energy storage systems (ESS) in North America. The company is currently the only global battery manufacturer with an established large-scale ESS production system in the region—an advantage that industry experts say is timely given surging

Tesla bails on crucial piece of India production, aims to rely on imports

Tesla is going to lose 64 Superchargers on the New Jersey Turnpike after a decision by the Turnpike’s governing body was made not to renew its contract with the automaker. On Friday, Tesla revealed that the New Jersey Turnpike Authority (NJTA) had officially decided to choose a sole third-party provider

E3 Lithium provides progress update for the demonstration facility

  E3 LITHIUM LTD., a leader in Canadian lithium, is pleased to provide a progress update on its Demonstration Facility (“Demo Facility”). The Demo Facility is planned to be brought on stream in three phases through the second half of 2025 and into 2026. The lithium extraction equipment comprising of

Spain launches €700 million support scheme for energy storage

It is open to standalone battery energy storage system (BESS) projects, thermal energy storage projects and pumped hydro energy storage (PHES) projects as well as those that are hybridised with renewable generation facilities. Eligible costs include civil works, storage systems, auxiliary equipment and systems and related expenses. The Ministry of

बोली में ऊर्जा भंडारण की लागत 10.18 रुपये प्रति किलोवाट घंटा हुई- विद्युत मंत्रालय

बैटरी ऊर्जा भंडारण के लिए वीजीएफ और पीएलआई से भंडारण की लागत कम होने की उम्मीद: केंद्रीय ऊर्जा और नवीन एवं अक्षय ऊर्जा मंत्री केंद्रीय ऊर्जा और नवीन एवं अक्षय ऊर्जा मंत्री ने सूचित किया है कि भारतीय सौर ऊर्जा निगम (एसईसीआई) द्वारा 500 एमडब्ल्यू/1000 एमडब्ल्यूएच बैटरी ऊर्जा भंडारण प्रणाली

Battery swapping won't work in India: Ather CEO

The electric two-wheeler startup stumbled upon operational challenges while testing out some prototypes. According to Tarun Mehta, founder and CEO of Ather Energy, battery conversion, as opposed to EV charging, is unlikely to succeed in India with the added cost of infrastructure, labor and other batteries. The two-wheel electric starter

Govt. approves VGF for development of BESS with capacity of 4,000 MWh

At least 85% of power from VGF-funded BESS projects to be first offered to Discoms The Union Minister for Power and New & Renewable Energy R K Singh has informed that the Government has approved the scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems

Nio delivers 23,231 cars in May, up 13% year-on-year

The Nio main brand delivered 13,270 cars in May, Onvo 6,281, and Firefly 3,680. From January to May, Nio Inc delivered 89,225 vehicles, a year-on-year increase of 34.75 percent. Nio Inc (NYSE: NIO) saw a year-on-year increase in deliveries last month, primarily driven by its sub-brands Onvo and Firefly. The

EV Batteries Got 20% Cheaper Last Year

Prices for lithium-ion battery packs fell 20% in 2024, the largest drop since 2017, according to a study from the International Energy Agency (IEA). Cheaper batteries mean cheaper EVs, and electric cars and trucks remain the main driver of battery demand. China’s price advantage is widening over the rest of the