$25K TESLA, COBALT CONUNDRUM & SIBERIAN SOLAR

EV Channels Review

This episode of Fully Charged News tackles a range of pressing EV and clean energy topics. The host clarifies the scope of President Biden's executive order on federal EV fleets, noting the USPS is an independent entity. A significant portion is dedicated to the potential for a $25,000 Tesla, with the head of Tesla's China division and Elon Musk reportedly confirming its development, likely to be manufactured in China first and released around 2023-2024. The review also touches upon innovative renewable energy projects, including a solar farm in Siberia and Denmark's ambitious energy island in the North Sea, alongside South Korea's massive offshore wind farm. Toyota's reluctance to fully embrace battery-electric vehicles outside China is highlighted, with the host questioning their statistics comparing PHEVs to EVs. A key segment explores Africa's emerging role as a central supplier of raw materials for EV batteries, emphasizing the need for ethical extraction and local benefit, contrasting past exploitative practices with current efforts towards fair contracts and transparent industries. The episode concludes by acknowledging the complexity of mineral sourcing, including cobalt, and the potential for African-built gigafactories.