Cleantech & EV’s

Tesla (TSLA) today announced a $5 billion capital raise to take advantage of the stock price’s meteoric rise. While Tesla CEO Elon Musk previously said that the company wasn’t interested in a new capital raise as it believed it was capable to finance its ambitious growth through its operations, it looks like they couldn’t resist following the stock price increase. Tesla’s stock price has…

A new study looked into the lifetime emissions of electric vehicles versus gas-powered counterparts and concluded that Tesla Model 3 emits about 65% less lifetime emissions than the Mercedes-Benz C-Class. For years, automakers and the fossil fuel industry have pushed the idea that electric vehicles are worse for the environment than diesel and gasoline-powered vehicles because they are powered by…

Hyperloop developer TransPod has signed a memorandum of understanding (MoU) for a 1,000 km/h system in Alberta, Canada. The MoU with Alberta’s government is intended to attract private investment in order to build the multibillion-dollar project. TransPod TransPod is a Canadian-French company that designs fully electric, ultra-high-speed transportation technology and vehicles. TransPod vehicles…

The “Big Tesla Battery” system in Australia is officially not the “world’s biggest battery” anymore, but the company might retake that crown soon with a new giant project. The 100 MW/129 MWh Tesla Powerpack project in South Australia became “the world’s biggest battery” when it was put in operation in 2018 by Neoen, an energy provider who owns and operates the battery system. It…