With Tesla’s $5.5 billion “gigafactory” already producing cells for its line of cars and its “Powerwall” home energy storage systems, it now seems like a tenuous, toe-dipping approach with Volkswagen announcing its own battery plans. VW may invest up to $15.5 billion according to Tech News, the outlet projecting the highest number. Others with less money but promising technologies are also betting on better batteries. Tesla Gigafactory Grand Opening – More to Come With only 14 percent of its total area completed, the Tesla Gigafactory on Electric Avenue (what else?) near Sparks, Nevada, is already up and running, producing Tesla’s Powerwall and Powerpack battery systems. According to Teslarati.com, “Elon Musk told investors at the 4th quarter earnings call earlier this month… those products are already profitable and are expected to become more so as volume increases.” Other projections anticipate that the Gigafactory will “be net zero and have no carbon emissions,” “net zero meaning that it will create more electricity …
Three Candidates for the Coming “Magic Rush” of Batteries
Robert Cringely, writing in EVWorld.com foresees a paradigm-shifting event that will happen sooner rather than later. “A black swan is what we call an unexpected technical innovation that disrupts existing markets. Intrinsic to the whole black swan concept is that you can’t predict them: they come when they come. Only today I think I’ll predict a black swan, thank you, and explain exactly how the automobile business is about to be disrupted. I think we’re about two years away from a total disruption of the automobile business by electric cars.” He quotes the respected auto journalist Robert Cumberford. “’I see the acceptance of electric cars happening in a sudden rush. Maybe not this year, maybe not for a couple of years yet. But it will happen in a magic rush, just as the generalized adoption of computers happened in only a few years’”. Here, the blog looks at three potential “black swan” battery technologies. Although the story of the black …