Tesla powerwall
  • Tesla CEO Elon Musk introduces Powerwall
  • Tesla CEO Elon Musk introduces the Powerwall home energy storage unit at an event in Hawthorne, CA on April 30, 2015.
  • Image Credit: Tesla Motors
Tesla Powerwall and Model S
  • Tesla Powerwall and Model S
  • Tesla Powerwall and Model S
  • Image Credit: Tesla Motors
Tesla Powerwall
  • Tesla Powerwall
  • Tesla Powerwall stock photo.
  • Image Credit: Tesla Motors
Tesla powerwall
  • Elon Musk introduces Tesla powerwall
  • Tesla CEO Elon Musk introduces the Powerwall home energy storage unit at an event in Hawthorne, CA on April 30, 2015.
  • Image Credit: Tesla Motors
Tesla powerwall
  • Tesla powerwall introduction event.
  • Tesla powerwall introduction event.
  • Image Credit: Tesla Motors
Tesla home battery system prototype
  • Tesla Powerwall home battery system prototype
  • In this April 20, 2015 photo, David Cunnigham shows a prototype Tesla battery system that powers his Foster City, Calif. home. Cunnigham installed the battery late last year to pair with his solar panels as part of a pilot program run by the California Public Utilities Commission to test home battery performance. Tesla is expected to unveil a stationary battery for homeowners and businesses on Thursday, April 30, 2015. (AP Photo/Jeff Chiu)
  • Image Credit: Jeff Chiu / AP
Tesla home battery system prototype
  • Tesla Powerwall home battery system prototype
  • This April 20, 2015 photo shows a prototype Tesla battery system that powers the home of David Cunningham in Foster City, Calif. Cunnigham installed the battery late last year to pair with his solar panels as part of a pilot program run by the California Public Utilities Commission to test home battery performance. Tesla is expected to unveil a stationary battery for homeowners and businesses on Thursday, April 30, 2015. (AP Photo/Jeff Chiu)
  • Image Credit: Jeff Chiu / AP
Solar City energy management website
  • Solar City energy management website
  • In this April 20, 2015 photo, David Cunningham points toward his SolarCity Web page, which details his solar energy output at his home in Foster City, Calif. Cunnigham installed a Tesla battery late last year to pair with his solar panels as part of a pilot program run by the California Public Utilities Commission to test home battery performance. Tesla is expected to unveil a stationary battery for homeowners and businesses on Thursday, April 30, 2015. (AP Photo/Jeff Chiu)
  • Image Credit: Jeff Chiu / AP
Solar panels on house with Tesla home battery.
  • House with solar panels
  • In this April 20, 2015 photo, David Cunningham walks toward his solar panel-topped home, in Foster City, Calif. Cunnigham installed a Tesla battery late last year to pair with his solar panels as part of a pilot program run by the California Public Utilities Commission to test home battery performance. Tesla is expected to unveil a stationary battery for homeowners and businesses on Thursday, April 30, 2015. (AP Photo/Jeff Chiu)
  • Image Credit: Jeff Chiu / AP
Shinzo Abe and Elon Musk
  • Shinzo Abe and Elon Musk
  • Japanese Prime Minister Shinzo Abe stands with Tesla CEO Elon Musk after returning from a brief test ride at Tesla's headquarters in Palo Alto, Calif., Thursday, April 30, 2015. (AP Photo/Noah Berger)
  • Image Credit: Noah Berger / AP
Shinzo Abe and Elon Musk
  • Shinzo Abe and Elon Musk
  • Japanese Prime Minister Shinzo Abe walks with Tesla CEO Elon Musk at Tesla's headquarters in Palo Alto, Calif., Thursday, April 30, 2015. (AP Photo/Noah Berger)
  • Image Credit: Noah Berger / AP
A new report predicts that global car sharing revenue will grow to $6.5 billion in 2024. That's up from $1.1 billion in 2015. The Asia Pacific region is expected to make up 34 percent of the 2024 figure, with Europe and North America at 32 and 24 percent, respectively. The report notes how innovations such as one-way service have helped build car sharing in recent years. It also points to the success of automakers offering car sharing services, and how it is expected to help them promote electric vehicles. Read more at Green Car Congress.

Tesla is now installing its Powerwall stationary energy storage systems in the homes of "pilot customers." Tesla is currently installing the 7-kWh units, with the 10-kWh version scheduled to become available early in 2016. The electric automaker will step up production of the Powerwall over the next few weeks, and will shift production from its Fremont, CA factory facility to the Gigafactory in Nevada in the first part of the new year. Read more at Electrek.

Tesla battery costs could drop by more than 50 percent with new chemistry and larger production scale. Jefferies analyst Dan Dolev predicts the price of Model S batteries to fall as far as $88 per kWh with the use of a nickel cobalt aluminum cathode and silicon synthetic graphene anode. Combined with the sheer production capacity of its Gigafactory, Tesla could be producing batteries for the Model 3 that cost just $5,280 per vehicle. Tesla has said, though, that prices wouldn't drop below $100 per kWh until at least 2020. Read more at Teslarati.

The Tesla World Conference is underway in Belgium. The two-day conference, which began on Friday morning, is not officially affiliated with Tesla, but will feature presentations from influential people in the world of electric vehicles and green culture. And, according to Teslarati, "rumor has it that there could be a very special guest from the company dropping by." Watch the livestream at the Tesla World website, and read more at Teslarati.


From Our Partners

You May Like
Links by Zergnet
Share This Photo X