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Tesla Energy, Brookfield Asset Management, and Dacra are teaming up to create SunHouse at Easton Park, Brookfield announced. This is the first Tesla Solar neighborhood and will be the nation’s most sustainable residential community, according to the companies. Brookfield and Dacra are combining their real estate experience with Tesla Energy’s products and wisdom to create a unique neighborhood that I think could be the first of many more to come.

Brookfield noted that Tesla’s V3 solar roof tiles and Powerwall 2 battery storage system will be installed in phases at homes in the SunHouse community that will be developed on land in Brookfield Residential’s Easton Park. The first phase of installation started last month with a sampling of homes under construction.

These installations will provide insight and information on product integration and will guide the installation at the next phase. The master-planned community of homes will be the final phase of the process. The goal is to establish an energy-neutral, sustainable community and a model for the design and construction of sustainable large-scale housing projects around the world.

Tesla Solar will provide ongoing oversight of the homes’ energy systems. Brookfield’s renewable power business will integrate a community-wide solar program that will serve broader public use needs and those of surrounding neighborhoods. Brookfield Residential noted that it will also incorporate a suite of technology features that include EV charging stations in each home and throughout the community.

Residents of these new homes will most likely produce enough energy to supply their daily needs while reducing daily demand on the electric grid. They will be provided with backup storage in the event of a power outage and may possibly be compensated for returning power to the energy grid.

Statements From The CEOs

Elon Musk, the CEO of Tesla, said:

“Neighborhood solar installations across all housing types will reshape how people live. Brookfield and Dacra’s commitment to stay at the vanguard of that evolution is what makes them the right collaborator for Tesla Energy. The feedback we get from the solar and battery products used in this community will impact how we develop and launch new products.”

Brian Kingston, the CEO of Brookfield’s real estate business, shared how this would help Brookfield meet the demand for environmentally responsible communities of the future.

“This initiative brings together multiple parts of our organization with innovative and forward-thinking partners that share a commitment to advance the development of sustainable communities.

“As consumers increasingly seek out energy security alongside sustainable places to live, combining Tesla’s solar technology together with Brookfield’s real estate and renewables development capabilities will help us meet demand for environmentally responsible communities of the future.”

Craig Robins, CEO of Dacra, spoke of the overall goal that’s the best for everyone:

“Our goal is to establish that fully-sustainable neighborhoods are not only viable, but the best practical and economical choice.

“Together with Brookfield and Tesla, we are trying to change the world by creating technology-driven, energy independent communities that make the world a better place.”

The City of Austin and Travis County have both committed to sustainable development. Brookfield stated that it will work with Dacra and Tesla “over the next year to incorporate additional transportation, technology, and energy solutions to create this new paradigm for residential community development.”

“The City of Austin is excited for the arrival of these affordable options to housing powered by renewable energy,” Mayor Steve Adler of Austin said. “I am excited for the Tesla, Brookfield, and Dacra partnership’s approach to sustainable energy and housing as an example of the out-of-box thinking that continues to make our community a beacon of innovation for the rest of the country and world.”

This is exciting and I think it can be a blueprint for all housing types, whether for those who are buying homes or developers who rent out apartments. I really think that this could also benefit low-income housing as well. However, there will be several challenges in this regard. To me, owning a home is a luxury, and sadly, many others are in the same boat.

MarketWatch reported that many who buy houses are using their portfolios to do so — not their salaries. The article noted that the housing market is increasingly unequal and that it could be accompanying a K-shaped recovery from the Covid-induced downturn. Glenn Kelman, CEO of Redfin, touched upon how the pandemic widened the gap between those who have and those who don’t. “When I started in this business, there was a broad consensus around making the American dream accessible to middle- and lower-income people. After this year I now see housing as a luxury good.”

I’ve also seen numerous posts on TikTok from both Millennials and Gen Z-ers saying that owning a home is no longer the American dream, but a luxury for very few. And the idea of owning a smart home or a clean energy home is even more of a luxury.

Tesla can change this — and most likely will in the coming decade. I think that once these initial homes in the SunHouse community are all bought and functioning, all three of the companies can plan the next one, and as with Tesla’s Master Plan that Elon shared ages ago, this can transform from luxury to a product that more people will eventually be able to afford.

It’s a great start and I’m excited to see how Tesla can revolutionize the housing industry as it has done with the automotive, energy, and others.


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Wheel-E Podcast: Micromobility Europe 2024, 80 MPH army e-bike, more

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Wheel-E Podcast: Micromobility Europe 2024, 80 MPH army e-bike, more

This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time, that includes all the cool stuff we saw at Micromobility Europe 2024, new low-cost Lectric XP Lite 2.0, an 80 MPH military e-bike, how Paris cleaned its air by kicking out cars, and more.

The Wheel-E podcast returns every two weeks on Electrek’s YouTube channel, Facebook, Linkedin, and Twitter.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends, the video will be archived on YouTube and the audio on all your favorite podcast apps:

We also have a Patreon if you want to help us to avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the Wheel-E podcast today:

Here’s the live stream for today’s episode starting at 12:00 p.m. ET (or the video after 1:00 p.m. ET):

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BYD cuts prices on its best-selling Atto 3 electric SUV in Australia to rival Tesla

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BYD cuts prices on its best-selling Atto 3 electric SUV in Australia to rival Tesla

A new price war is fueling EV sales in Australia as the competition heats up to gain overseas market share. BYD launched its new Atto 3 electric SUV in Australia with several updates, including lower prices, as it looks to chip away at Tesla’s lead.

Chasing Tesla’s lead

Last month, electric vehicle sales in Australia were boosted by price cuts from leaders like Tesla and BYD.

According to the latest data from the Federal Chamber of Automotive Industries (FCAI), 8,974 fully electric vehicles were sold in Australia last month. That number is up from the 6,194 EVs sold in April 2024 and 8,124 handed over last May.

The growth was enough for EVs to capture 8.1% of all vehicles sold in Australia last month, up from 7.7% in May 2023.

Tesla still leads with Model 3 sales reaching 1,958, surpassing its best-selling Model Y (1,609). Tesla has now sold 8,823 Model 3s and 9,610 Model Ys in Australia year-to-date.

Although Tesla has maintained a market share of over 60%, BYD is chipping away at its lead.

With 3,567 EVs sold in May, Tesla held a 40% share. BYD’s new Seal was the third best-selling EV last month, with 1,002 units sold, while the Atto 3 was fourth with 737. The growth bumped up BYD’s market share to 18%.

BYD-prices-Australia
BYD SEAL (Source: BYD)

BYD launches new Atto 3 with lower prices in Australia

The Atto 3 is still BYD’s best-selling EV in 2024, with 3,366 models sold, while the Seal is a close second at 3,306.

BYD believes 2024 will be a pivotal year as it rolls out new models and aims to take leadership in Australia’s EV market.

Following the new Seal, BYD launched a “major upgrade” for the Atto 3 Friday. BYD’s new Atto 3 features a 15.6″ screen (up from 12.8″). In addition to new features like added camping mode and karaoke, the new Atto 3 features lower prices.

The standard range Atto 3 now starts at AUD 44,449, while the Extended Range costs AUD 47,449 (before on-road costs). BYD’s new Atto 3 prices are down AUD 3,562 and the cheapest they have been so far, according to Australia’s Drive.

Powered by a 50 kWh battery and 150 kW electric motor, the new standard Atto 3 features up to 214 miles (345 km) WLTP range. The Long-Range model, with a 60 kWh battery, can travel up to 261 miles (420 km).

BYD Atto 3 vs Tesla Model Y Price
(AUD)
Range
(WLTP)
BYD Atto 3 Standard Range $44,449 214 miles (345 km)
BYD Atto 3 Long Range $47,449 261 miles (420 km)
Tesla Model Y RWD $55,900 283 miles (455 km)
Tesla Model Y AWD Long Range $69,900 331 miles (533 km)
Tesla Model Y AWD Performance $82,900 319 miles (514 km)
BYD Atto 3 vs Tesla Model Y prices and range in Australia

Meanwhile, Tesla’s RWD Model Y starts at AUD 55,900, with up to 283 miles (455 km) WLTP range. The Long-Range AWD model starts at AUD 69,900 with up to 331 miles (533 km) WLTP range.

Which one are you buying? The new BYD Atto 3? Or the Tesla Model Y? Let us know in the comments below.

Source: Drive, BYD

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Tesla produces 1,300 Cybertrucks per week, moving from Foundations Series next quarter

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Tesla produces 1,300 Cybertrucks per week, moving from Foundations Series next quarter

Tesla confirmed that it managed to produce 1,300 Cybertrucks in a week and it is moving from its Foundations Series production run next quarter.

We haven’t had a lot of updates from Tesla about the Cybertruck production ramp.

Actually, the best one we got was from a recall, which confirmed that Tesla had produced just short of 4,000 Cybertrucks as of April.

Shortly after, Tesla confirmed that it achieved a production of 1,000 Cybertruck in a week in April.

We haven’t seen an update since, but we noted that Tesla seemed to be ramping up production based on sightings at Gigafactory Texas.

Yesterday, at Tesla’s annual shareholder meeting, Tesla released a bit more information about the Cybertruck production ramp:

  • Elon Musk said Tesla recently produced a peak of 1,300 Cybertrucks in a week
  • Elon Musk said Tesla would move away from production Foundation Series Cybertrucks in Q3
  • Tesla said it aims to be at 2,500 Cybertrucks per week by the end of the year

This would currently put Tesla at a capacity of 65,000 Cybertrucks per year and looking to exist the year with an annual capacity of 125,000 units.

Tesla has previously stated that it aims to have a full capacity of 250,000 Cybertrucks, but it plans to achieve that next year.

Moving away from the Foundation Series would presumably mean that Tesla is going to stop bundling all options together for the Dual Motor and Cyberbeast. The automaker might also release new trims – though those weren’t expected until next year.

Electrek’s Take

The Foundation Series bundles push the Cybertruck price to $100,000. Despite the hype around the Cybertruck, there’s a limited market for trucks at over $100,000.

Moving away from the Foundation Series bundles should reduce the price a bit as the dual motor is actually supposed to start at $80,000.

It will also give us more clarity into the option pricing.

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