Cleantech & EV’s

Oxford PV, a spin-off from the University of Oxford, says it’s achieved the world record for the most efficient solar panel. In collaboration with Germany’s Fraunhofer Institute for Solar Energy Systems, the company says its solar panel achieved 25% conversion efficiency – the percentage of solar energy shining on a panel converted into electricity. That’s a big deal compared to the more…

General Motors claimed that it is “all-in on electric vehicles” for years, but today, CEO Mary Barra confirmed that the automaker is changing strategy and going back to plug-in hybrids amid setback in its electric car plans. In 2019, GM killed the Chevy Volt, its popular plug-in hybrid vehicle and announced plans to focus on all-electric vehicles. It continued selling some plung-in hybrids in…

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Tesla (TSLA) confirmed that it is increasing its planned capital spending to $10 billion this year as it tries to achieve its next growth phase. Lately, Tesla has described itself as being “between two major growth waves”. The first wave was the ramp-up of Model 3 and Model Y production, which appears to be now plateauing. The second wave is expected to be the ramp-up of its next-generation…