As the world becomes more electrified, the race is on to build cheaper, longer-lasting, more energy-dense batteries. One of the most promising technologies in this space is the solid state battery, developed by an absolute legend in the battery world, one of the inventors of the lithium ion battery and recent Nobel Prize winner John B. Goodenough.
Tesla is slowly beginning to face stiff competition from other countries as the world races toward lithium ion battery mass production.
Giles Keating, chairman at investment consultancy firm Werthstein Institute, told Hello guest! Please register or sign in (it's free) to view the hidden content. that Tesla will face mounting competition from companies in China and Germany as it continues to ramp up its Gigafactory and battery production.
“There’s a kind of arms race on batteries around the world. We know that Elon Musk with Tesla has got this Gigafactory,” he said. “The Chinese are racing to overtake him; they’ll have three times the capacity. And then in Germany, we’ve just heard announcement of a new plan for a $1 billion factory on batteries.”
Indeed, Terra E Holding GmbH announced that it would be building its own Gigafactory last week in a move that was seen as a challenge to Tesla’s stake in the industry. Terra won government support for a 34 gigawatt-hour battery facility that would reach full production in roughly 10 years.
In addition to this recent news, Chinese companies are also poised to make Hello guest! Please register or sign in (it's free) to view the hidden content. on battery production in the future. Plans are in the works to set up factories in the country that would produce more than 120 gigawatt-hours a year by 2021.
This mounting competition may certainly be considered the “arms race” that Keating was referring to, as companies — and even countries — jostle for position over a rapidly expanding market.
Tesla CEO Elon Musk acknowledged Tesla’s ambitions to expand into these countries in last week’s earnings call, saying that new gigafactories could pop up in these countries to make production more efficient.
“We expect to keep the majority of our production in the U.S., but it’s, obviously, going to make sense to establish a Gigafactory in China and Europe to serve the markets there,” Musk said. “Because it’s not to build cars in California and truck them halfway around the world, particularly when you’re trying to make things as affordable as possible — that really hurts.”
In the meantime, Musk also boasted about his company’s position when he spoke about the efficiency of each battery.
“You know who people come to first when they’ve got a lithium ion battery? Us, because we’re their biggest customer,” Musk said.
Keating’s comments are the latest in a growing race to provide the world with the highest quality, most efficient lithium ion batteries.
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Nissan is saying goodbye to one of its’ subsidiaries this year, their battery operations and manufacturing division to GSR Capital, a private equity firm based in Beijing.
NissanÂ’s subsidiary,Â Automotive Energy Supply Corporation (AESC), was founded in 2007 through a partnership with NEC, an electronics manufacture based in Tokyo, Japan. The joint partnership invested over $1B into the business throughout since its founding. AESC provides Nissan with all the batteries it uses in its electric cars, such as the Nissan Leaf and Renault.
AESC was the second largest automotive battery provider in the world, behind Panasonic. Panasonic has positioned itself to continue leading the industry through itÂ’s close partnership with Tesla.Â The company hasÂ held a market share of 34% at the end of 2015, compared to 12% percent of the market by AESC, and a 33% market share as an aggregate of the next five largest companies.
Nissan has been extremely aggressive in the EV market, with the Leaf having startedÂ production in 2010 as the first mass-produced electric vehicle. NissanÂ’s Chairman Carlos Ghosn has led the companyÂ’s expansion into the EV market and invested nearly $5B into the development of the Nissan Leaf. Ghosn made his intentions clear
Hello guest! Please register or sign in (it's free) to view the hidden content. that he wanted to divest from the battery business and that Nissan would instead, Â“rely more and more on batteries by existing suppliers.Â” The company purchasing the battery division, GSR Capital, primarily invests in early and growth stage companies. This would be their largest investment by a significant amount, but other investments by the company have included electronic and charging manufactures. The companyÂ’s massive entrance into the battery space could potentially create more collaboration between their portfolio companies and give them greater exposure inÂ the automotive sector.
Sonny Wu, Chairman ofÂ GSR CapitalÂ (Photo: Fortune)
Nissan is facilitating the transaction for AESCÂ’s joint-partnership between Nissan, NEC, and NECÂ’s subsidiary NEC Energy Devices. The sale is expected to close by December 2017, the value of the acquisition is unclear.
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By Guest Nicole
Elon Musk is well known for trying to disrupt old industries. He builds spacefaring rockets in-house and makes them reusable, dramatically lowering the cost to leave Earth. He showed electric vehicles can be made and sold in large quantities, because if they’re fun to drive, people will want to buy them. But when the question of batteries was raised on a Tesla earnings call in the summer of 2017, Musk asked for help:
“Can someone please come up with a battery breakthrough? We’d love it.”
Musk was being a little facetious — he and Tesla CTO JB Straubel had just been asked about then-recent news that Toyota was reportedly in the “production engineering phase” of an electric car powered by a still relatively unproven technology: solid-state batteries.
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Hello TEAM ~ Good morning to you all.
Attached is the flyer for volunteers to work in the community, however, the contact information is on the flyer for those of you that might want to schedule your home (apartments aren’t allowed due to codes in the complexes) for new fire alarms, and 10 year batteries. This service is free. You would contact the American Red Cross and scheduled date/time for them to install in your home.
Have fun for those of you that chose to volunteer for the event that is announced on the flyer.
American Red Cross - Vancouver, WA.pdf
Poor battery life is one of the top complaints among mobile phone owners, especially as they run power-hungry apps that can chew up a battery charge before the day is half over. There have been long-running debates over whether closing a background app helps preserve battery charge.
Federighi's succinct response echoes a similar piece of advice on an Apple support page that explains how to close an app. The page says that closing an app isn't necessary unless it's frozen:
Another support document clarifies the process in greater detail:
Mobile phone users constantly search for tips and tricks to preserve battery life on their phones. iPhone owners can extend the charge to some degree by tweaking certain settings and apps. But unless you turn on Background App Refresh, an option introduced in iOS 7, Apple says you're just wasting your time shutting down background apps in hopes of extending your battery charge.
I could not jump start my car this morning when trying to leave for work.
Ends up I had to call my roadside assistance via my auto insurance company.
The battery was SO dead that it would not even hold a charge so we towed it to Les Schwab who can change out my battery for $179.00
I looked for the battery under the car hood and it was not there. Only a positive charge access point.
I pulled out the back seat cushion looking for the battery and only found wires....spaghetti really.
Ends up the battery is on one side of the trunk.
The fact that I cannot simply swap out my battery makes me feel "stupid".
On the other hand.... I still have the original manufacturers battery in there so I cannot complain. It worked for a long time.
I miss the days of simply buying a battery and easily replacing it. Maybe nostalgia is embellishing the other hassles I felt "back in the day".
Entire cars "back in the day" lasted for around only 100,000 miles.
Wishing I owned a Tesla