Important Innovations

  Porsche Setting Up JV With Germany Battery Maker                                             Source:  Porsche EV's Faster, Less Expensive Batteries for More Affordable Electric Vehicles Porsche, which is VW's luxury sports car division, announced today that it is setting up a JV with German battery company Customcells, that specializes in lithium ion cells, to produce high performance, game changing batteries for electric vehicles.  The batteries will have higher energy density than the prototypes being used in Porsche's current lineup of electric cars.  The new battery will cut charging times and decrease the amount of raw materials needed to attain the same driving range. That will reduce battery production costs and make electric cars less expensive and more affordable for greater numbers of drivers. E-Dynamics European car makers are rolling out more electric vehicles to meet stricter emissions standards in Europe and globally.  Simultaneously they want to reduce thei

  Tesla Battery Day & Annual Shareholders' Meeting 2020 Source:  Tesla Prototypes - Cybertruck, Cyberquad, Roadster, Semi                            Source:  Tesla 2020 Shareholders' Meeting New, Breakthrough Battery Tesla's 2020 Annual Shareholders' Meeting and Battery Day did not disappoint.  CEO Elon Musk revealed that he has a $25,000 electric car in the works that will be fully autonomous.  The EV, which hasn't been named yet, will be on the market in three years.  The breakthrough price, Musk said, has been made possible by his new breakthrough battery technology. Big Battery Upgrade - The 4680 Musk's next generation battery is a very big deal.  At one-half the cost, the 4680 delivers six times more power, provides 5 time more energy and expands the driving range by 16%.  Production on it has already started.  The battery's cost savings and increased power will impact the entire Tesla product line over time.  Tesla has brought down battery costs fr