Big congrats to @schrep and @gigascale with $250M to back the founders who are rebuilding the physical economy. 'Hardware is hard' is an understatement. @estesenergy is fortunate to have partners like Gigascale who embrace this and push through.
“Scaling up manufacturing capacity, especially in batteries and electric drivetrains, is the vital next step as companies establish the supply chain necessary for higher sales in the years ahead.
Such expansion of the technology portfolio requires high investment and can also be challenging.”
@colinmckerrache 👏🏻
Battery-electric & fuel-cell truck sales are gaining traction, with China leading. BloombergNEF’s new report highlights falling battery costs & innovative models scaling the market. ⚡
👉 Read more: https://t.co/FvcSMhu6DB
#EVs#CleanEnergy#ElectricTrucks
Removing inverter costs, and sizing systems between 50-4000MWh (their best pricing tier), Tesla’s 2024 advertised market rate for LFP stationary battery (powered by CATL cells) is $210-214/kWh.
Made-in-China but Assembled-in-USA battery systems — such as this Megapack — are still selling for over $200/kWh. Bankable and at scale, despite what the world is being told about falling battery prices.
@sampritibh Generally agree this will be quite common within 10 years. Although I think the majority of the population will ‘own’ their personal self driving car (L4/L5). Much in the same way they own their appliances, phone etc., I believe it will largely remain a personal device.
Somebody forgot to inform the Nordics that EVs don’t work in cold climates… 🤔
Joking aside, polar amplification of climate change appears to be a significant driver of climate tech adoption. 👏🏻 👏🏻
Every day, the Tesla Semi demonstrates that battery electric trucks can directly replace diesel trucks. With our own fleet of Semis, Tesla has shipped >20,000 battery packs out of Gigafactory Nevada to support Fremont vehicle builds. These trucks run the same route, carrying the same load (no load reduction for weight) as the diesel trucks running this route but at substantially lower operating cost. Now, it’s about scale.
The EPA Phase 3 rules will help hasten the overall fleet transition to zero emissions and address the harmful particulate emissions and other pollutants from diesel trucks. In combination with the superior economics and experience that battery electric trucks provide, I expect full market adoption will occur faster than many think.
Solid state batteries were supposed to be in EVs around now.
People overestimated the ease of their commercialisation and underestimated how good lithium ion (NCA / NCM / LFP) batteries could get.
Nothing is static. Everything is up for grabs.
‘Classic’ lithium ion is still getting better, lower cost (for now) and abundant.
@benchmarkmin