Report finds co-located hubs key to battery industry competitiveness
A report from Australia’s Future Battery Industries Cooperative Research Centre which analysed the development of battery hubs in the U.S., Germany and Japan, has found that co-location and cooperation between industry and government were key to hub success. For Australia to play the same game, it will have to leverage its wealth of resources, and clean up its act along the way.
Battery manufacturing capacity set to increase fourfold to 1.3 TWh by 2030
Analysts at Wood Mackenzie have looked at plans for the incoming decade and concluded that about 119 manufacturing sites will be up and running by 2030. China currently sits firmly in the driving seat, with Asia Pacific comprising 80% of global manufacturing capacity, but Europe is catching up.
Tesla EVs show profit while solar business hits new lows in revenue and deployment
It was a series of firsts, including a profitable full year and Megapack turning a profit that factored into CEO Elon Musk explaining that he has “never been more optimistic or excited about the future of Tesla.” Austin is confirmed as the site of the next Gigafactory.
Cheap energy, smart people, a trove of resources — it’s make or break for Oz
Australia’s ability to fuel a manufacturing boom has never been greater. A timely new study by the Centre for Future Work shows what plugging production into solar, wind and hydro could do to build competitive industries and a sustainable, high-employment scenario.
Panasonic suspends work at Tesla’s Nevada fab as carmaker’s California and New York gigafactories pause
Tesla’s Nevada operation is still open for business, though. The EV and battery maker has assured the market its cash position is strong enough to weather an “extended period of uncertainty”.
