Financial Fact-Check: New gigafactory supports Tesla and Ontario’s EV production goals

Toronto, Ontario – Previously reported allegations of a new major Tesla factory in Ontario have been revealed to have some teeth, with information from multiple sources suggesting that a new Gigafactory aligns with Tesla’s plan to expand production by 13 new factories, and Ontario’s goal to become a global electric vehicle production hub. While the […]

Pure Potential: EV battery packs should last 15 years, says former Tesla CTO

Houston, Texas — Electric vehicle battery packs should last about 15 years, according to former Tesla chief technology officer and co-founder JB Straubel. In a recent interview at CERAweek 2022, Straubel was asked at what point he believes battery life reaches an end. Once responsible for Tesla’s battery development until 2019, where he led cell […]

Battery Business: Tesla to build battery equipment facility in Markham, Ont.

Markham, Ontario — Ontario could be getting the EV work it has been hoping for as Mayor of Markham, Ont., Frank Scarpitti tweeted on Thursday that a new Tesla facility is bound for the Toronto suburb, in order to help supply the automaker’s gigafactories with battery cells. “I am delighted to share that Tesla Canada […]