Pasadena Water and Power (PWP) (Photo – Staff).
Some heartening recent progress on the EV front.
By Ethan Elkind
Two good news, first on consumer demand and automaker supply and second on fast-charging technology:
- Tesla reported Model 3 third quarter sales of 56,000. They averaged production of 4,300 Model 3s a week, and in the final week of the quarter the company produced 5,300. Perhaps more significantly, the Model 3 had the highest revenue of any car model in the United States, beating out the Toyota Camry and the Honda Accord, which ranked it fifth among all car models sold.
- Major battery maker LG Chem announced an investment in Enevate, a company that is developing a lithium-ion battery charging technology that could allow EVs to charge at close to the speed of filling up a gas tank. Batteries can get up to 75 percent of their full capacity in just five minutes. With a 200+ mile battery, that means drivers can get 150 miles range in a few minutes.
With lots of gloomy environmental policy news out there, it’s nice to see progress continuing on this crucial clean technology.
Ethan Elkind directs the climate program at UC Berkeley Law, with a joint appointment at UCLA Law. His book “Railtown” was published by the University of California Press.
“With lots of gloomy environmental policy news out there, it’s nice to see progress continuing on this crucial clean technology.” @EthanElkind writes in @ColoradoBlvdNet coloradoboulevard.net/good-news-on-t…