4.5 • 808 Ratings
🗓️ 11 August 2025
⏱️ 7 minutes
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From the BBC World Service: Tesla is looking to enter the UK energy market as the company continues to diversify its offerings in addition to electric vehicles. Also: a look at how residents of self-governing Greenland think about their future amid pressure from the Trump administration.
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0:00.0 | So get this, Tesla hopes to light up homes across the UK. |
0:05.5 | Good morning. This is The Marketplace Morning Report, and we're live from the BBC World Service. I'm Leanna Byrne. |
0:11.9 | So Elon Musk's electric car company, Tesla, is planning to enter the UK electricity supply market. |
0:18.6 | Best known as one of the world's biggest makers of electric vehicles, |
0:22.1 | it also has a solar energy and battery storage business. The BBC's James Graham has more. |
0:27.9 | According to a filing from the UK energy regulator OffGEM, Tesla Energy Ventures applied for a |
0:33.5 | license to provide electricity to British homes last month. Tesla already operates a power supplier |
0:39.2 | in Texas. If approved, it would allow Tesla to take on the big firms that dominate the UK energy |
0:44.5 | market as soon as next year. The application comes as industry data showed a steep drop in Tesla's |
0:50.2 | car sales across Europe. In July, year-on-year sales were down 60% in the UK and 55% in Germany. |
0:57.6 | James Graham there. Meanwhile, China is all in when it comes to robotics. In the last 12 months, |
1:02.7 | the government's given $20 billion in subsidies to the industry. And as of 2024, |
1:08.4 | Chinese officials said the country holds two-thirds of all robot patent applications worldwide. |
1:14.4 | Right now, the world's most cutting-edge machines are on show in Beijing at the World Robot Conference. |
1:19.7 | So let's hear from Tom Van Dillon, who runs the tech consultancy, Greenkern. |
1:24.3 | So what kind of robotics are we talking about here? |
1:26.7 | I think overall it's a bit like walking into a sci-fi movie kind of halfway through. |
1:31.8 | And, you know, it goes all the way from robotic dinosaurs to robot bees. |
1:36.5 | At its core, it is all about kind of adding value to whatever businesses these robots want to support. |
1:44.8 | For the robot bees, actually, it's mostly about measurements. |
1:48.0 | So you can put them into dangerous areas and have them check air quality with nearly like centimeter precision. |
1:56.2 | They can get into areas of factories that are normally inaccessible, dangerous to get to. |
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