Few companies have grown as quickly as Tesla, especially just before and after the company launched the Model 3, its first affordable EV. “We scaled Tesla in 30 months from $2 billion in revenue to $20 billion in revenue,” Jon McNeil, the former president of Tesla who is now co-founder and CEO of DVx Ventures, […]
Former Tesla president discloses the secret to scaling a company Read More »
GM is sending new and old EV batteries to recycler Redwood Materials, which then repurposes the packs for stationary energy storage, the two companies announced today. Second-life batteries from GM have already made their way through Redwood’s process and into a 12 megawatt microgrid at the company’s Sparks, Nevada, headquarters. Electricity from that installation then
GM teams up with Redwood Materials to power data centers with EV batteries Read More »
From tariffs to the recent reconciliation bill, climate tech startups have been grappling with a rapidly changing landscape. Brooklyn-based startup Amogy has managed to avoid turbulence induced by U.S. politics by keeping its sights on more promising foreign markets. Amogy’s ammonia-to-power tech and its focus on Asian markets, including Japan, South Korea, and Singapore, has
Amogy raises $80M to power ships and data centers with ammonia Read More »
GM said Monday it is working with joint venture partner LG Energy Solution to upgrade its Ultium battery factory to make lithium-iron-phosphate cells for the automaker’s low-cost EVs. The factory’s overhaul will give LFP production in the United States a significant boost. Despite being invented and commercialized in the U.S., today the vast majority of
GM to challenge China’s LFP monopoly with upgraded battery factory Read More »
Tucked between two massive buildings in the hills of the Nevada desert, 805 retired EV batteries lie in neat formation, each one wrapped in nondescript white tarps — and hiding in plain sight. A passerby might not realize this unassuming array is the largest microgrid in North America, that it’s powering a 2,000 GPU modular
Lithium-ion batteries have dropped in cost by 75% over the past decade, a marvel of research and development that isn’t the result of a singular breakthrough but of myriad incremental improvements. Few know that better than Chaitanya Sharma, founder of the stealthy Nascent Materials. Sharma spent a little over two years working at Tesla’s Gigafactory
Nascent Materials emerges from stealth to make LFP batteries better and cheaper Read More »