Nevada

The company run by Tesla Inc.’s former chief technology officer plans to spend $3.5 billion on a battery-materials factory in northwest Nevada, a bet that electric-vehicle demand is only starting to take off.The Redwood Materials Inc. plant under construction outside Reno, Nev., is expected to be one of the first U.S. facilities to produce key ingredients needed to make the batteries that power electric vehicles. The investment comes as manufacturers work to satisfy burgeoning consumer…

Volkswagen Group of America is teaming up with Nevada startup Redwood Materials to recycle batteries from VW and Audi electric vehicles in the United States, the companies said. VW is the latest carmaker to partner with Redwood, which has forged similar alliances with Toyota Motor Corp, Ford Motor Co, and Geely Automobile's Volvo Cars. In a statement, VW Group of America Chief Executive Scott Keogh said the recycling partnership with Redwood will "help us accelerate EV adoption in America." VW has said it is aiming for 55…

Tesla has been spotted gathering a massive number of Megapacks outside its Gigafactory Nevada. Is it a backlog due to supply chain issues or a new giant battery is in the work? Drones are often flying over Tesla factories to try to document progress. These days, they mostly fly over Gigafactory Texas and Gigafactory Berlin, Tesla’s latest factories, which are still growing as the automaker is starting to ramp up production.It has been a long time since we have seen a drone or a plane fly over Gigafactory Nevada…

Tesla Insurance, the automaker’s growing insurance division, has launched its real-time driver data insurance product in Nevada. It is now available in eight states, plus California but without real-time driver data, and there’s evidence that several more states are coming. Tesla Insurance expansion Tesla updated its website to note that its real-time data insurance product is now available to customers in the state of Nevada. The addition makes for a total of eight states with Tesla Insurance based on real-time…

Nevada gambling regulators approved on Thursday a limited license for MGM Resorts International shareholder Barry Diller to work in the state’s casino industry, after questioning the billionaire about a federal investigation into his purchases of Activision Blizzard Inc. shares.The Nevada Gaming Commission, which enforces anticorruption regulations in the state’s gambling industry, voted 4-1 to approve Mr. Diller for a two-year…

April 24, 2022The California mountain range alternated between extreme precipitation and none at all this winter.When it comes to mountain snow, the Sierra Nevada is notorious for booms and busts: One year can be exceptionally bad, while the next can be exceedingly good. However, in 2021-22, there were booms and busts all within the same snow season. The result has been another year of insufficient snowfall, raising concerns about the impact on water supplies.“The Sierras tend to get big storms, with a lot of snow in…