In a promotion with San Diego Gas & Electric, the brands are dangling a $10,000 discount, on top of a federal tax credit worth as much as $7,500 and a state rebate worth $2,500. When combined, those cut the cost of a base BMW i3 nearly in half and...
Terra E Holding GmbH will choose one of five candidate sites in Germany or a neighboring country next month to build its 34 gigawatt-hour battery factory.
The system under development has the potential to compete on price with new hydroelectric plants and other existing clean energy storage methods, according to X executives and researchers.
The timeline “changes all the time,” said Bob Oesterreich, director of the U.S. hydrogen-energy business at Air Liquide, which Toyota recruited to help build the stations that need to be in place before it can start selling Mirai.
OPEC quintupled its forecast for sales of plug-in EVs, and oil producers from Exxon Mobil Corp. to BP Plc also revised up their outlooks in the past year.
“We are in the process of identifying a manufacturing facility that presents a faster path to start-of-production and aligns with future strategic options,” Faraday said.
The production acceleration will be slow at first.