RENO, Nev. (AP) — Gov. Brian Sandoval has ordered the Nevada Legislature into a special session to consider $1.3 billion in tax breaks and other incentives for electric car-maker Tesla Motors as part of "an extraordinary opportunity" to seal the deal for its $5 billion battery factory and tens of thousands of jobs he says are needed to recover from the worst economic crisis in state history.
Majority Democrats in the Senate and Assembly intended to open the session Wednesday to begin work on the package the Republican governor says would help further diversify Nevada's hard-hit, tourism-based economy through new and innovative technology.
RENO, Nev. (AP) — The Biggest Little City in the World is about to get a new neighbor: the biggest lithium battery factory in the world that Nevada Gov. Brian Sandoval asserted will create more than 22,000 new jobs and pump $100 billion into the state's economy over the next 20 years.
Tesla Motors Inc. CEO Elon Musk declared the Silver State the winner Thursday of a high-stakes battle with California and three other states for the $5 billion "gigafactory" he says they need — and need fast — to mass produce cheaper batteries for its next line of more-affordable electric cars.
RENO, Nev. (AP) — To bring electric cars to the masses, Tesla Motors will use an expanse of desert where wild mustangs still roam for a factory that the company projects will crank out enough batteries to power 500,000 vehicles annually by decade's end.
Tesla chose Nevada as the site for the $5 billion facility, a person familiar with car maker's plans said Wednesday
Nevada's elected leaders still must deliver on the economic incentives they've promised, but if they do as expected, Tesla will open its massive factory at an industrial park outside Reno, according to the person, who spoke on condition of anonymity because no official announcement had been made. An announcement was scheduled for Thursday afternoon at Nevada's Capitol.
BEIJING (AP) — Tesla Motors Co. and a state-owned Chinese phone carrier announced plans Friday to build 400 charging stations for electric cars in a new bid to promote popular adoption of the technology in China.
Plans call for China Unicom Ltd. to provide space for construction and basic services in 120 cities while Tesla, based in Palo Alto, California, operates the stations. The two companies also will build 20 "supercharger stations" in 20 cities to offer high-speed charging.
The California legislature has been approving measures to encourage hybrid and electric cars, looking to back the California Air Resources Board’s goal of getting 1.5 million zero emission vehicles on the road over the next decade, the Los Angeles Times reports.
DETROIT (AP) — An eight-month investigation into brake problems with some older Toyota Camry gas-electric hybrids has been closed without a recall.
The National Highway Traffic Safety Administration began the probe in January after getting complaints of malfunctions that reduced power-assisted braking in 2007 and 2008 Camry hybrids. The probe covered about 100,000 cars.
The Department of Energy announced it is giving $55 million to 31 projects aimed at improving fuel efficiency and boosting electric vehicles, in particular the development of new battery technology, The Hill reports.
The cost of battery technology will have to come down by more than half, but Tesla Motors chief Elon Musk – speaking to investors during a week when he announced partnership with Panasonic to build a battery gigafactory -- is confident that will happen and electric vehicles will achieve price parity with those running on gasoline within 10 years, E&E reports.
Sen. Tom Udall, D-N.M., announced Friday that the Frank R. Lautenberg Chemical Safety for the 21st Century Act has acquired two more co-sponsors, bringing the total of backers for the measure to reform the Toxic Substances Control Act to a filibuster-proof 60, National Journal reports.
Fourteen senators from both sides of the aisle, many from ethanol-producing states, went to the White House Thursday to tell chief of staff Denis McDonough that the Environmental Protection Agency should make a bold move when it finalizes three years’ worth of blending mandates under the Renewable Fuel Standard next month, The Hill reports.
Control of Miller Energy Resources Inc. will be handed over to an affiliate of Apollo Global Management LLC and J.P. Morgan Chase unit Highbridge, under an agreement in place as the Texas-based Alaska driller filed for Chapter 11 bankruptcy protection, The Wall Street Journal reports.
A sharp drop in the overall U.S. rig count—to levels not seen since 2002—sent oil prices rebounding Friday. West Texas Intermediate Crude for November delivery jumped 80 cents, or 1.8 percent, to settle at $45.54 a barrel on the Nymex, while in London, Brent gained 44 cents to $48.13, Marketwatch reports.
SolarCity says it plans to start producing a panel with an output of 22 percent—which it touts as a 40-percent improvement in efficiency—at its Silicon Valley factory this month, The New York Times reports.
“Storage is the solution” to integrating solar energy into the grid, SunPower Corp. CEO Tom Werner told E&E in an interview, adding that he thought the utility industry and the grid would be transformed within a decade.
The International Energy Agency expects the growth of the renewable energy sector to level off, meaning it will fall short of what’s needed “to meet ambitious climate change mitigation goals,” the agency's renewable chief told The Washington Post.