New EPA rules will upend industry as automakers’ EV plans are too low

  • April 9, 2023
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The US Environmental Protection Agency is set to announce sweeping new EPA rules on Wednesday intended to bring EV market share to ~60% in the US by 2030 and 67% by 2032. The rules are a big step forward for electrification, and represent an improvement from President Biden’s previous commitment of 50% electric by 2030. […]

Tesla to open a new Megafactory in Shanghai, China, company says

  • April 9, 2023
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A Tesla Megapack in Moss Landing, California Andrew Evers | CNBC Tesla will open a new Megafactory in Shanghai, China, that is capable of producing 10,000 Megapacks a year, the company announced in a tweet Sunday. A Megapack is a very large battery that stores energy, helps stabilize the power grid and prevents outages. These […]

Tesla announces a new Megafactory coming to China

  • April 9, 2023
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Tesla has announced a new deal to build a Megafactory in Shanghai, China, to build energy storage products in the market. Last year, Tesla launched its first ‘Megafactory’ in California. The plant is dedicated to producing Megapacks, a large battery system used in large-scale energy storage projects for electric utilities around the world. It is […]