Daily Archive: July 25, 2023

Tesla Offering $500 Powerwall Rebates

For the next few months, Tesla is offering a $500 rebate on its Powerwall energy storage hardware. Here’s how you can get access to the rebate with the installation of a Powerwall battery system — so long as you install the equipment within a certain timeframe.

President Of Kenya William Ruto Inaugurates Roam Park — East Africa’s Largest Electric Motorcycle Assembly Plant

As the transition to electric mobility accelerates around the world, several companies are working hard to ensure that the African continent is not left behind. One of the key focus areas in several African countries has been on the electric motorcycle sector.  With millions of internal combustion engine motorcycles already on the road on the […]

Redwood Materials May Be Worth $5 Billion Already

Battery recycling company and Tesla partner Redwood Materials is currently in discussion to raise as much as $700 million in funding. If all goes according to plan, the funding would put the company’s valuation at nearly $5 billion ahead of the company’s plans to construct a new factory in Nevada — though it isn’t yet a done […]

Hyundai & Seoul National University Launch Battery Research Center

As I wrote earlier today, this new electric vehicle era is all about batteries, batteries, batteries. Much of that simply means scaling up the battery supply chain and scaling up battery production, but it also means innovating and improving battery chemistry. While Hyundai is working with SK On and LG Energy Solution on the former, […]