Tech
The Big Business Of Energy For The EV Industry
Energy and battery technology is booming.
As U.S. automakers make bold long-term commitments to electrify their fleets, there may not be enough lithium-ion batteries to go around in the short-term. While China dominates the battery manufacturing supply chain, and Europe is working to catch up, the U.S. still lags far behind. As batteries become a matter of energy independence and national security, here’s what the U.S. can do to catch up.
Analysts estimate that the size of the EV battery industry will grow to around $70 billion by 2025, and there’s a number of innovative battery start-ups trying to grab a piece of the pie. One of these companies, Cuberg, is making lithium-metal batteries, which it says will be twice as energy dense as standard lithium-ion, and could therefore help electric vehicles become cheaper and more efficient. Because Cuberg’s tech is largely compatible with existing lithium-ion manufacturing processes, it has the potential to scale quickly. And if it does, we could see lithium metal batteries powering small planes and electric vehicles within the decade.
Elon Musk announced that Tesla was getting into the energy business in 2015, and now it’s betting that it will become increasingly important for the company. In 2020, it surpassed 3 gigawatt hours of energy storage deployments in a single year, largely due to the popularity of Megapack, its utility-scale battery product. CNBC visited PG&E’s Tesla Megapack site in Moss Landing, California and learned why energy storage systems like Tesla’s could be everywhere in a future of renewable power.
Energy is also coming from unlikely sources. Bioo is generating electricity from the organic matter in soil and creating biological batteries to power agricultural sensors, a growing $1.36 billion global market. Eventually, Bioo envisions a future where biology could help to power our largest cities.
SEGMENTS:
00:00 — How Tesla Is Quietly Expanding Its Energy Storage Business
20:37 — How Soil Could Be An Untapped Source Of Electricity
30:28 — Why This Battery Breakthrough Could Make EVs Cheaper
42:11 — Why the U.S. EV Industry is facing a battery shortage
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The Big Business Of Energy For The EV Industry
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Meta has launched Muse Spark, its most powerful AI model yet and the first major product from Chief AI Officer Alexandr Wang’s newly formed Meta Superintelligence Lab. The release comes as the company ramps capital expenditures to as much as $135 billion this year, nearly double last year’s spend, raising the stakes for every product that emerges from Wang’s lab. Unlike Meta’s previous open-source Llama models, Muse Spark will be proprietary, with plans to eventually offer paid API access, opening a potential new revenue stream. Meta says larger, more capable models are already in development and that Muse Spark is just the foundation on the road to what Zuckerberg and Wang call “personal superintelligence.” CNBC’s Julia Boorstin explores why this launch is such a big deal for Meta.
Reporter: Julia Boorstin
Produced by: Stephen Desaulniers
Edited by: Andrew Evers
Senior Director of Video: Jeniece Pettitt
Additional Footage: Getty Images, Meta
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Why Meta’s New AI Model Is Such A Big Deal
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Job-seeking impostors, including deepfakes, are exploiting the remote work trend, defrauding U.S. companies and potentially threatening U.S. national security, according to experts.
While fraudulent job seekers can originate from anywhere, fake candidates with ties to North Korea have drawn significant headlines in recent months.
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With EV sales faltering and forecasts lowered, automakers are looking for ways to sell the batteries they are making. CNBC’s Robert Ferris breaks down how and why automakers including General Motors and Ford are investing in a new industry.
Producer: Robert Ferris
Editor: Natalie Rice
Animation: Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional footage:Ford, Getty Images, GM, Redwood Materials, Tesla
Additional sources: Benchmark Mineral Intelligence, Carnegie Mellon University, Wood Mackenzie
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Why Automakers Want To Power AI Data Centers
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Over the past decade, TJX Companies has nearly doubled its annual sales, crossing the $50 billion mark in fiscal 2024. Consumers are drawn to T.J. Maxx, Marshalls and HomeGoods for their ability to find name brands at a discount and the treasure hunt-like nature of its shopping experience. Experts credit the brand for destigmatizing the discount shopping. Watch the video to learn how T.J. Maxx won over the American consumer.
Chapters:
0:00 Introduction
1:20 Chapter 1: Consumer perception is key
3:45 Chapter 2: Finding the right product
6:20 Chapter 3: Sustaining growth
Produced and shot by: Ryan Baker
Edited by: Kevin Heinz
Senior Managing Producer: Tala Hadavi
Animation: Jason Reginato, Christina Locopo
Additional Footage: Getty Images
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How T.J. Maxx Disrupted The Retail Industry
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There’s a new bottleneck in the AI chipmaking process that happens almost entirely in Asia right now: advanced packaging. It connects smaller chips together into a larger chip like a GPU, so it can communicate with data centers and more. As Nvidia books the majority of capacity, TSMC prepares to break ground on its first U.S. packaging plants, and Elon Musk taps Intel for ambitious custom chip plans in Texas. CNBC got an exclusive interview with TSMC and toured an Intel packaging plant in Arizona to find out exactly how advanced packaging works and why capacity is ramping up fast.
Chapters:
00:00 – Introduction
2:25 – Rise of advanced packaging
5:57 – From 2D to 3D
10:39 – U.S. packaging capacity
Produced and Shot by: Katie Tarasov
Edited by: Evan Lee Miller
Camera by: Marc Ganley, Tony Puyol
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Emily Park
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Nvidia Booked The Majority Of TSMC’s Capacity Of A Crucial Chipmaking Step
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@BanaGhoo
December 18, 2023 at 3:23 pm
also there are much better energy storage technologies readily available just not as cheap as Li-Ion
@BanaGhoo
December 18, 2023 at 3:23 pm
vary scary corporate idea, what about a system that local individuals could use and would create a healthy and competetive business envirnment ?
@thejunkguy4655
December 18, 2023 at 3:23 pm
Don't see why we don't use flywheels for short-term energy storage
@my45izsteppin2u
December 18, 2023 at 3:23 pm
I want what drug these people are smoking…to get this far from reality yet still think you are saving the world…..oh wait…. its called tax subsidies, abatements and grants……my bad…
@ionflow1073
December 18, 2023 at 3:23 pm
Watching this video makes me hopeful for the future, but i can't help but wonder how large-scale solar production will affect farmland and natural habitats for wildlife.
@Chickenlittle422
December 18, 2023 at 3:23 pm
22:06, so like humans, can be used as a biological resource to keep these cities running
@nodehead9475
December 18, 2023 at 3:23 pm
panasonic built the giga factory?? wtf
@williamhenry8914
December 18, 2023 at 3:23 pm
The shilling for Musk's false promises and vaporware in this piece is disgusting
@user-me2dy6ct4z
December 18, 2023 at 3:23 pm
Ten years ago people couldn't believe the battery technology could reach this level today.
@dwikristianto
December 18, 2023 at 3:23 pm
the anchor voice is hoarse. its bad
@user-nu6tp2cc5d
December 18, 2023 at 3:23 pm
Right! EVs aren't selling. Tell another lie.
@sovereignprime4683
December 18, 2023 at 3:23 pm
22:46 wow!
@maxbrazel604
December 18, 2023 at 3:23 pm
Yes, but what about the maintenance costs involved too be able too run these kinds of mega watt industries, and how will it make things so much cheaper for electricity costs well into the future, as everything requires MAINTENANCE.
@jarruddixon
December 18, 2023 at 3:23 pm
This didn’t age well
@jasonyoung3070
December 18, 2023 at 3:23 pm
sadly America has to overcome decades of lies pushed by oil companies coal companies and so many others who just think climate change is not real its going to be a very hard fight i hope us here in America wake up and see oil is killing us and if we keep on this path its only going to get more expensive! the rest of the world seems to be getting it why cant we ! well i guess we are the only devolped country with out some kind of free health care which is just wrong health care is a right not only for the rich!!
@martemelchorvelasco7149
December 18, 2023 at 3:23 pm
Wow, a new technology is evolving making the current grid technology a thing of the past.
@phmusic7181
December 18, 2023 at 3:23 pm
Legal
@mirianrodrigues2609
December 18, 2023 at 3:23 pm
Maravilha
@michaelanderson3096
December 18, 2023 at 3:23 pm
Nuclear thermal electric batteries 😮 and super fluid helium batteries 😮
@GO-su3lf
December 18, 2023 at 3:23 pm
get energy from above, not below.
@sparkysho-ze7nm
December 18, 2023 at 3:23 pm
Battery technology is amazing an ever changing/improving. It’s great time to live in. . Th world is not doomed it can an WILL. Be saved
@taidasun
December 18, 2023 at 3:23 pm
Anode is positive.
@ourv9603
December 18, 2023 at 3:23 pm
You know those charging pads for smartphones? Isreal has
figured out how to make the road a charging pad for EV's.
https://www.youtube.com/watch?v=pyy5b7NVaZI
!
@WhyDoThat
December 18, 2023 at 3:23 pm
the compressed air storage "battery" scares me, it looks like a bomb with all that energy stored.
@NapoleonBonaparte92
December 18, 2023 at 3:23 pm
We are heading to the times where energy will be turned to state run bussiness as a consequence of exaggurated human focus bringing several breakthroughs in the energy industry which will make energy so cheap. People who made deals to pay 20/30 years fixed price, will not exist next decade. -15.08.23
@kermitefrog64
December 18, 2023 at 3:23 pm
These are great ideas especially considering how the Public Utilities Commission of California is allowing big utility companies to gouge consumers by doubling the cost of electricity in the last few years. I am not a fan of Elon Musk with the way he treats his employees and his control of his take over on a social communication company. But the Research and Development of renewable energy is beneficial in pulling away from fossil fuels.
@marsdenav
December 18, 2023 at 3:23 pm
The Powerwall 2 life is only ten years. ROI doesn't make sense based on the total costs and battery performance. Instead of paying 6 to 5.5 cents per kWh for the solar energy feed, why can't the energy compaies charge home owners on the net consumption or pay the same rate they charge us so that we don't have waste money on batteries.
@lailaalfaddil7389
December 18, 2023 at 3:23 pm
The greater the automated income you can build, the freer you will become. Taking the first step is the hardest, but 5 houses later living off automated income since July 6, 2016. You’ve got to start taking steps to achieve your goal.
@loveofsisrael
December 18, 2023 at 3:23 pm
any compnany can have softward updates
@ThebigHack
December 18, 2023 at 3:23 pm
https://youtu.be/kgP0O0BKbVo the masterplan of Elon Musk
@Mortalsrk
December 18, 2023 at 3:23 pm
Electric vehicles now are also heavy, take a toll on roads more and pollutes the air and water with the rubber friction adding more particulates in the air as well as it's battery problems.
@christian-agk-dts-google-map
December 18, 2023 at 3:23 pm
AGK DTS hüpoökonomus Konzept Institut 33 Maison des Associations.
@s.h7124
December 18, 2023 at 3:23 pm
And what we doing with all those batteries 🪫 after 10 years !!!????
Invade another country to dump them there or by then we dump them in mars ? Despite we running out of material for the batteries and despite how much fuel we waiting and polluting tto get them !!
@mariappanperiasamy1695
December 18, 2023 at 3:23 pm
The new renewable electricity producing organic batteries which convert residual ambient solar heat available around us 24hrs in the "shadow" to electricity.
This new renewable electricity production method has potential to replace all other methods of electricity production to power household devices, to power EVs and to supply electricity to the grids!
Further, this new renewable electricity production method has potential to give additional income to landless homeless poor households to rent or to build their homes instead of living in streets!
@ericphantri96734
December 18, 2023 at 3:23 pm
The reason slow agriculture was oil and metal extraction live fluid from earth so so less fruit production but new time of system if you use motor generator together then you need only small bettery not 1 and half a ton
@user-of7fy6rk7m
December 18, 2023 at 3:23 pm
This video is pure gold! It had me hooked from start to finish. The content is so engaging and well-presented. Props to the creator for their outstanding talent. I'll definitely be coming back for more!
@1964mcqueen
December 18, 2023 at 3:23 pm
Solar, more than any other generating technology, can be integrated with existing infrastructure and even provide side benefits that no other can match.
Rooftop solar can help reduce radiation into buildings. Agrivoltaics can help shade crops that would otherwise dry out under direct sunlight. Reservoirs and irrigation canals can use solar panels to help reduce evaporation. 😊
@user-wp9ye7wn9w
December 18, 2023 at 3:23 pm
Wow! 🧐 Potatos into spotlight 🤔🤔
@SilentWolfFarts
December 18, 2023 at 3:23 pm
Whatever makes this video rewind and fast forwarding sucks you can’t just drag and drop you end up starting over and over
@medupmed2320
December 18, 2023 at 3:23 pm
good luck to winner
@toptohyekoms
December 18, 2023 at 3:23 pm
world peace means murder bill gates
@soewin9784
December 18, 2023 at 3:23 pm
Great.
@harrisonowusu-agyeman
December 18, 2023 at 3:23 pm
Batteries are not and can never be the best alternative sources of Energy for the future.
@albex8484
December 18, 2023 at 3:23 pm
The fact they call the administration after a senile old man, which happens to be the presidents, makes this whole video hard to take seriously.
@luffirton
December 18, 2023 at 3:23 pm
The range increases promised is the main good thing about the solid metal battery pack. Because more than anything at least in rich countries the problem with unreliable range and low range in cold weather is the biggest problem to solve for current and future battery technology’s and generally the low range compared to gasoline cars apart from cost is the reason hindering mass adoption of EV technology and vehicles. In addition current buildout of high power / fast charging infrastructure is also an important why mass adoption is not in the pipeline in the near future, not until there is improvements in all these areas.
@thepeopleplaceandnaturepod8344
December 18, 2023 at 3:23 pm
Interesting! 🧐
@Seawithinyou
December 18, 2023 at 3:23 pm
Building materials are getting in short supplies globally and there aren’t enough Workers
Big buildings companies will rush building projects along with other impossible Dream ideas to make as much Money before the Inevitable happens
Solar panels only have a life time between 10-15 years🧐
@davidaa2521
December 18, 2023 at 3:23 pm
The first lithium ion batteries were used by the military as early as the mid 80s.