The Big Business Of Energy For The EV Industry
CNBC・2 minutes read
Tesla Energy is pushing for full electric use, focusing on batteries and raw materials like lithium, with projects like the Megapack utility system with Pge in California. The global trend is shifting towards battery production, impacting transportation and potentially reshaping the grid, with a push for domestic supply chains highlighted by President Biden's executive order.
Insights
- Tesla Energy is a key player in the energy storage sector, leveraging lithium-ion batteries to create scalable solutions like the Megapack, which have demonstrated reliability and cost-effectiveness in various projects globally, showcasing a commitment to sustainable energy solutions.
- The battery industry is undergoing significant growth and transformation, with a focus on advanced technologies like lithium metal batteries and bio batteries powered by soil microorganisms, indicating a shift towards prioritizing batteries as a critical component for the future of transportation and energy production, with implications for global supply chains and national security.
Get key ideas from YouTube videos. It’s free
Recent questions
What is Tesla Energy's focus?
Sustainability and battery technology.
What is the expected growth of the grid-scale battery storage market?
$15 billion by 2027.
What are the challenges in lithium-ion battery production?
Costs and supply concerns.
What is the focus of Bio's bio battery technology?
Regenerative agricultural practices.
What is the significance of battery production in the US?
National security and supply chain risks.
Related videos
CNBC
How Tesla Is Quietly Expanding Its Energy Storage Business
Insider News
Where 6 Metals Used For Electric Cars Come From | True Cost | Insider News
Wendover Productions
Electric Vehicles' Battery Problem
Bloomberg Originals
How Electric Roads Could Power the Future
Forbes
Green Hydrogen Could Power Your Life Sooner Than You Realize - These Companies Are Making It Happen