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New Civic, FCA UAW Agreement, Frankfurt | Autoblog Minute

FCA reaches a tentative agreement with the UAW, Honda reveals the all new 2016 Civic, and the Frankfurt Motor Show dazzles us again.Senior editor Greg Migliore reports in the Weekly Recap edition of Autoblog Minute Weekly. UAW/Unions Bentley Honda Jaguar Porsche Tesla Autoblog Minute Videos Original Video FCA porsche mission e civic

Will the Tesla Gigafactory be too big?

With pro football season about to begin, we thought it appropriate to use a gridiron metaphor: one research firm is estimating that Tesla Motors will outkick its coverage when it comes to the Gigafactory it's planning for the western US, likely Reno, NV. The electric-vehicle maker has said needs the giant battery plant because its annual sales will reach a half-million by the end of the decade. Lux Research is saying the company's EV sales will be closer to about half that. In fact, Lux says, Tesla will have to sell much of its battery-pack production to either other automakers or to entities such as solar-panel makers for their stationary-battery needs because of overcapacity. And with Panasonic footing the bill for a good chunk of the estimated $4-5 billion pricetag for the plant, the battery maker will also be taking a bit of a bath, at least for the first few years. Tesla has said its Gigafactory will help it cut battery costs by about 30 percent by 2020, and could have it up and running as soon as 2017. Tesla spokeswoman Alexis Georgeson said in an e-mail to AutoblogGreen that the company wouldn't comment on the Lux Research report (they're probably busy preparing for this afternoon's Nevada announcement) but you can still take a look at Lux Research's short summary of the report called The Tesla-Panasonic Battery Gigafactory: Analysis of Li-ion Cost Trends, EV Price Reduction, and Capacity Utilization below. The Tesla-Panasonic Battery Gigafactory: Analysis of Li-ion Cost Trends, EV Price Reduction, and Capacity Utilization August 13, 2014 | State of the Market Report Tesla Motors has found initial success in the luxury electric vehicle market, and will look to capitalize on that momentum through aggressive expansion, planning a new 35 GWh lithium-ion (Li-ion) cell production facility. Dubbed the "Gigafactory," it poses a tremendous risk for Tesla and its partner Panasonic, and herein we analyze whether the $5 billion investment is justified by electric vehicle (EV) sales volumes and the interrelated question of breaking through the price floor for Li-ion batteries. We find the Gigafactory will only reduce the Tesla Model 3's cost by $2,800, not enough to truly influence whether this lower-cost EV will be a success or not.

Elon Musk's Hyperloop idea still in motion

After teasing the concept in 2012, Tesla CEO Elon Musk released some thoughts on a high-speed transportation project called the Hyperloop in 2013. He then promptly renounced any claim on the idea and said he would not actually build the open source project. The hyperloop didn't die, though, and is still attracting new brainpower. Hyperloop Transportation Technologies was officially formed with a JumpStartFund late last year, a few months after Musk made the concept public. The company has since grown into a collective of about 100 engineers who have full-time gigs with companies such as Boeing, Airbus, NASA and, of course, Musk's own SpaceX, Wired says. Some students at UCLA are taking part in the design process, which is detailed in a new "crowdstorm" document. The idea behind the Hyperloop is to build above-ground tubes where passenger capsules devoid of friction (with the help of either air compression or magnetic levitation) can travel up to 800 miles per hour between cities such as Los Angeles and San Francisco. The HTT collective is already talking about having economy- and business-class capsules. The good news is that the group says the early predictions for Hyperloop remain realistic. That means a timeframe of about a decade to complete the first system with a price tag of between $6 billion and $10 billion is still on the table. For now, at least. Hyperloop Transportation Technologies, Inc. Announces New Designs, Crowdstorming Document and Core Team EL SEGUNDO, Calif., Dec. 19, 2014 /PRNewswire/ -- Hyperloop Transportation Technologies, Inc. powered by JumpStartFund announced today the crossing of major milestones, bringing the company closer to the goal of creating a working high speed mass transit system. These milestones include the finalization of the company's 100 core team members and the publishing of a new crowdstorm document. Recently acquiring its 100 core team members, Hyperloop Transportation Technologies is powered by the unique collaboration platform JumpStartFund. These 100 members are professionals, engineers and designers from some of the most esteemed organizations on the planet, including Boeing, Airbus, NASA, Harvard, UCLA, Stanford, and others, collaborating globally in the U.S., Asia, Australia and Europe. The company released a new crowdstorm document expanding on concepts and sharing the most recent developments produced by the company. Highlights from the paper include a detailed cost, route and safety analyses.