In this episode of Kilowatt, I explore the latest developments in electric vehicles and renewable energy, while addressing the challenges faced by the industry. I discuss General Motors and LG Energy Solutions' renewed partnership aimed at advancing battery technology, including prismatic cells and alternative chemistries. We also dive into Lucid Motors' ambitions for technology licensing and the implications of their recent sales performance. The dire situation at Nikola Motors is highlighted, with significant layoffs and a drastic valuation drop raising concerns about its future viability. On a positive note, I share insights on how hybrids and EVs have successfully reduced vehicle emissions in 2023. In the Tesla segment, I speculate on the Cybertruck's adaptability for Asian markets and address potential setbacks with Tesla's new API pricing for developers. This episode captures the vibrant yet unpredictable landscape of the EV market, leaving us with hopeful reflections for the future.
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