CATL is building more than 200 battery swap stations EVERY MONTH

  • July 4, 2026
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The CATL-backed Choco-SEB battery swap network deployed its 2,000th swapping station June 30th, wrapping up another month of incredibly rapid growth that’s seen the company average more than 200 deployments in each and every month of 2026. (!) As America celebrates its 250th birthday, EV battery giant CATL is reaching a major operational milestone, having […]

GM is flooding dealers with Bolt EVs – is that part of the plan?

  • July 4, 2026
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GM raised plenty of eyebrows when it announced that its resurrected 2027 Chevrolet Bolt – one of the lowest-priced, most capable new EVs in North America – would only be built for a single model year. Despite the limited-time offer and solid sales, dealers are still sitting on 118 days’ of inventory, far more than the […]

Tesla caps employee AI spending at $200/week except for Grok

  • July 4, 2026
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Tesla told staff it will impose a $200-per-week limit on employee AI spending starting July 6, according to an internal memo reported by The Information (paywall). The cap lands just months after Tesla pushed employees to use AI more aggressively, a sign that even companies betting their future on the technology are struggling to control […]

Iberdrola kicks off its first large-scale battery project in the US

  • July 4, 2026
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Photo: Iberdrola Spanish renewable energy and electricity giant Iberdrola is constructing its first battery energy storage project in the US as utilities race to add more storage to strengthen the grid. The company is building the Shutler battery project in Gilliam County, in north-central Oregon. When it comes online in 2027, it will have a power […]

‘World’s largest’ second-life EV battery factory opens in just six weeks

  • July 4, 2026
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Megafactory 1, Vancouver, BC. Photo: Moment Energy Moment Energy has officially opened what it says is the world’s largest second-life EV battery factory, bringing new battery energy storage manufacturing capacity online just six weeks after announcing the project. The Vancouver, BC-based company marked the opening of Megafactory 1 with a ribbon-cutting ceremony on June 23. […]