The rise of solar, electric vehicles and energy storage could enact a step change in the energy market which could undermine utilities, according to Gerard Reid, founder and managing partner of Alexa Capital.
Tesla’s lithium-ion ‘Gigafactory’ will be built in Nevada, company officials including chief executive Elon Musk confirmed at a press conference yesterday afternoon.
Sales of electric vehicles (EVs) and plug-in hybrid cars are gaining traction across the UK, according to figures published by the Society of Motor Manufacturers and Traders (SMMT).
Panasonic has partnered with Tesla Motors to construct batteries in the United States at the electric vehicle company’s new battery manufacturing plant, the Gigafactory.