energy storage

General Motors Co. (NYSE:GM) is joining the energy storage party, following the likes of Ford Motor Co. (NYSE:F) and Tesla Inc. (NASDAQ:TSLA), with a new battery chemistry, Vehicle-to-Grid power, as well as datacenter applications amid rising energy demands. GM Touts Vehicle-To-Grid Tech GM, in a...

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Ford Motor Co. (NYSE:F) has unveiled a new, wholly owned subsidiary, Ford Energy, aimed at manufacturing Energy Storage systems at its Kentucky facility, targeting the manufacturing of deployments worth 20GWh annually. Ford Energy To Commence Deliveries In 2027 The company will begin deliveries in...

California Governor Gavin Newsom has slammed President Donald Trump for holding the U.S. back in the global clean energy race, as California's battery storage increased 2,100% since Newsom took office in 2019. ‘Reckless Energy Agenda,' Says Gavin Newsom In an appearance at the COP30 Summit in...

Tesla Inc. (NASDAQ:TSLA) has reportedly agreed to a $2 billion deal with South Korea's Samsung SDI. Check out the current price of TSLA here. $2 Billion Deal Over 3 Years The EV giant will pay Samsung SDI $2 billion over the next three years to supply energy storage system (ESS) batteries, Reuters...

Redwood Materials, a battery recycling and energy storage startup based in Nevada, founded by JB Straubel, a Tesla Inc. (NASDAQ:TSLA) co-founder, raised over $350 million in its latest funding round. The company had previously raised $1 billion in Series D funding and is also backed by Nvidia Corp...

Tesla Inc.'s (NASDAQ:TSLA) EV headlines often steal the show, but the real story this quarter isn't on four wheels — it's wired to the grid. Energy storage revenue exploded 44% year over year to $3.4 billion in the third quarter, now accounting for 12% of total sales, up from 9% a year ago. Source...

When it comes to global electric vehicle dominance, BYD Co (OTC:BYDDY)(OTC:BYDDF) has surpassed the previous lead of Tesla Inc (NASDAQ:TSLA) in many markets, including overall EV unit sales in 2024. BYD now has its eyes set on disrupting another Tesla market. What Happened: BYD has passed Tesla in...

EV giant Tesla Inc. (NASDAQ:TSLA) will reportedly start production at its Shanghai megafactory on Feb. 11, less than a year after starting construction. What Happened: According to a report from local media outlet Shanghai Securities News, the megafactory in Shanghai, Tesla’s second globally...

While 2024 witnessed Tesla Inc.’s (NASDAQ:TSLA) vehicle deliveries fall year-on-year for the first time, its energy storage deployments hit new highs. What Happened: The EV company said on Thursday that it deployed 31.4 GWh of energy storage products in 2024, up from 14.7 GWh in 2023 and...

Cathie Wood, CEO and CIO of Ark Invest shared her optimistic outlook for 2025 on Wednesday. What Happened: Taking to X, formerly Twitter, Wood expressed excitement for the new year, highlighting advancements in robotics, energy storage, artificial intelligence, blockchain technology, and multiomics...

California, boasting one of the world’s largest power grids, recently achieved a significant feat in battery storage, drawing the attention of none other than Tesla CEO Elon Musk. What Happened: A Renew Economy report published on Thursday...

RBC Capital Markets analyst Tom Narayan remains optimistic about EV giant Tesla Inc (NASDAQ:TSLA) in the long term despite the stock’s poor performance over the past year. Analyst Take: Narayan believes that Tesla is currently between two waves, with the...

Tesla Inc‘s (NASDAQ:TSLA) energy generation and storage segment witnessed its revenues drop to their lowest in 2023 in the fourth quarter owing to lower energy storage deployments. The segment recorded a Q4 revenue of $1,438 million, down 7.8% from the previous quarter. What Happened: Through...

This story was first published on the Benzinga India portal. Tesla Inc. (NASDAQ: TSLA), under the leadership of Elon Musk, is expanding its innovation footprint into India, with a focus that goes beyond electric vehicles (EVs). The company aims to significantly enhance India's battery...