Kilowatt hour Stories May 4, 2016

Tesla Energy delivered over 2,500 Powerwalls and nearly 100 Powerpacks (25 MWh total) to 4 continents last quarter

While not quite as exciting as its plans to move half a million EVs in 2 years, Tesla today also announced modest sales of its Energy products as part of its shareholder letter today.

Kilowatt hour Stories February 29, 2016

GULF OF MEXICO – APRIL 21:  U.S. Coast Guard fire boat response crews battle the blazing remnants of offshore oil rig

The Bloomberg New Energy Finance report that came out last week (press release at bottom) says that in 25 years, electric vehicles will make up just 35% of new car sales. That means that in a generation from now, 65% of people will still be buying petroleum-based cars. It is hard to imagine a world where this few EVs makes any sense, even given BNEF’s own data.

The report and the numbers it presents are much too conservative for any reasonable circumstance. Take its own lede for instance:

Continuing reductions in battery prices will bring the total cost of ownership of EVs below that for conventional-fuel vehicles by 2025, even with low oil prices.”.

Why would anyone buy a gasoline car when an electric or even a plug-in hybrid costs less than a gas car? Electric cars are cleaner, quieter, faster and  safer than equivalent oil cars. Keep in mind that 2040 is 15 years after the cost of an electric car passes parity with oil in their scenario. Furthermore, by Bloomberg’s own estimates, batteries will reach less than one-third of today’s break-even prices.

At the core of this forecast is the work we have done on EV battery prices. Lithium-ion battery costs have already dropped by 65% since 2010, reaching $350 per kWh last year. We expect EV battery costs to be well below $120 per kWh by 2030, and to fall further after that as new chemistries come in.”

In fact, under certain reasonable circumstances, it costs less to own a Chevy SparkEV than a comparable gas version today. Fleet vehicles too. If you drive a lot and gas isn’t cheap but electricity is, the numbers already make sense.

Screenshot 2016-02-29 13.21.48

The US department of energy has a handy calculator (above, current prices) which shows that in every state in the union, even with insanely cheap gas prices, it is still on average 50% cheaper to run on electricity than on gasoline. That means once battery/electric engine powertrains reach parity with combustion, it is really game over for oil.

So somehow 65% of people in the year 2040 will want to pay a huge premium for a fossil fuel engine car? Even if the world weren’t heating up this makes no sense at all… expand full story

Kilowatt hour Stories October 12, 2015

Bosch is investing in energy density – going for 50 kWh battery packs weighing only 190 kg

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This year electronics and auto parts giant Bosch has been heavily investing the auto industry’s transition to electric powertrain. Earlier this summer, Bosch bought the solid-state battery start-up Seeo Inc. and has since been sparsely revealing details about its plan to bring new battery technologies to market by 2020.

During the company’s recent inauguration of its Renningen research campus, head of battery technology R&D Dr. Thorsten Ochs revealed more information about the company’s goals for Seeo’s solid-state battery. The Germany-based part maker is aiming for a 50 kWh pack to weight only 190 kg. expand full story

Kilowatt hour Stories October 6, 2015

SolarCity inks a deal with California schools to install 6 MW of solar and 2.6 MWh of energy storage

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SolarCity announced today a new project with the Temecula Valley Unified School District to install 6 MW of solar energy capacity and 2.6 MWh of energy storage at a total of 19 schools in the district. The solar installations will mainly consist of carports using the company’s ZS Beam system (see picture above). expand full story

Kilowatt hour Stories September 18, 2015

Artega unveiled the “Scalo”; an all-electric sports car with 250 miles of range

The Artega Scalo joins the long list of all-electric luxury cars being unveiled at the Frankfurt Motor Show this week. The German sports car maker now focuses mostly on “electromobility” in partnership with battery maker Voltabox.

The company says it will achieve a range of 250 miles on a small 37 kWh battery pack. The claim is difficult to believe, but the range is most likely calculated based on the New European Driving Cycle, which allows for longer range than most real-life driving cycles.

Tesla increased by 10 miles the estimated EPA-rated range of the Signature Model X to 250 miles

Ahead of the Model X launch set for September 29th, Tesla is still tuning the options available for the configuration of its all-electric SUV.  Yesterday we wrote about how Tesla will offer hitch accessories directly at the purchase of the Model X in order to get around the limitations of the vehicle’s ‘Falcon Wing’ doors. Today we learn, through the same online design studio for early reservation holders, that Tesla increased by 10 miles the estimated EPA-rated range of the Signature Model X to 250 miles.

Kilowatt hour Stories September 17, 2015

Tesla is now installing Powerwalls at “pilot customer” homes

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Tesla Motors confirmed to Electrek that the company is now installing the Powerwall, a new home energy storage system, for “pilot customers”:

“We are currently in production and have started installing Powerwalls with pilot customers. Over the next few weeks we will continue to ramp up volume production,” Tesla spokeswoman Alexis Georgeson said. expand full story

Jefferies predicts Tesla will achieve a 50%+ reduction in battery cost by 2020

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In a new note issued today, Jefferies analyst Dan Dolev increased his price target on Tesla Motors to $365 following a new analysis on the company’s battery business. When Tesla first announced its “Gigafactory“, it forecasted a ~30% reduction in battery cost through economy of scale and improved chemistry, but since then Tesla executives revealed that 30% might have been conservative and Jefferies seems to agree. expand full story

Tesla to offer hitch accessories at Model X purchase to get around ‘Falcon Wing’ door limitations

Ahead of the Model X launch at the end of the month, Tesla is still tuning the options available for the configuration of its all-electric SUV.  A roof-rack, which is popular for skiers and cyclists, isn’t an option for the Model X due to the vehicle’s Falcon Wing’ doors. We now learn through the online design studio, which is accessible to a select few reservation holders, that Tesla will be offering hitch accessories directly at the purchase of the Model X in order to get around the limitations.

Kilowatt hour Stories September 16, 2015

Thunder Power introduces new electric vehicles with a massive 125 kWh battery pack [picture gallery]

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Thunder Power unveiled at the Frankfurt Motor Show today two new electric vehicles equipped with a massive 125 kWh battery pack.

Thunder Power is a Taiwan-based power-tool maker established in 1987, which recently changed its focus to electric vehicles. Its first entries are a 4-door sedan (picture above), the Thunder Power Sedan, and a sport car, the Thunder Power Race (picture below). expand full story

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