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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. The US Department of Energy’s Vehicle Technologies Office reported a remarkable 89% decrease in the cost of electric vehicle lithium-ion battery packs between 2008 and 2022.

2008 52
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Bionic Hand Gives Amputees Sense of Touch

Cars That Think

The girl's family could not afford the cost of getting her a prosthetic leg, so she used a tree branch as a crutch to help her walk. From that encounter, Akhtar decided that one day he would develop affordable artificial limbs. He went on to earn a master's degree in computer science in 2008, also from Loyola. and a Ph.D.

Ecuador 144
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UK proposes Fourth Carbon Budget for 2023-2027; emissions to be cut by 50% from 1990 levels; indicative target of 60% reduction by 2030; >1% of GDP

Green Car Congress

The report finds that the cost of meeting the fourth carbon budget and the 2030 indicative target would be less than 1% GDP. The Climate Change Act 2008 sets a target to reduce greenhouse gas emissions in the UK by at least 80% from 1990 levels by 2050. 2008 – 2012. 2018 – 2022. —Fourth Carbon Budget.

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DOE announces funding opportunity for enhancing algal biomass yield to support cost-competitive algal biofuels

Green Car Congress

The objective of the Advancements in Algal Biomass Yield (ABY) funding opportunity DE-FOA-0000811 ) is to demonstrate, at a process development unit scale of 1 acre cultivation equivalent, algal biofuel intermediate yield of 2,500 gallons of biofuel feedstock (or equivalent dry weight basis) per acre per year by 2018. Background.

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

in 2018 and 42.4% The accumulation of these EV tax breaks, plus the hefty 25% tax on fossil-fuel cars, means that EV models in Norway are often more affordable than fossil-fuel cars, even without the EV subsidies that are available in other countries. By 2015, Norway already had 10,000 charging stations.

Global 83
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EIA Annual Energy Outlook explores implications of behavior and demographics on light-duty vehicle energy demand

Green Car Congress

The Reference case in AEO2014 assumes that VMT per licensed driver begins to increase after 2018. Income, fuel prices, the costs of purchasing a vehicle, and other vehicle operating costs also all influence the extent to which an individual can afford LDV travel. —Hutchins and Maples. —below the 1.7%

Energy 199
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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

During past eight years the number of plug-in electric vehicle models has increased from one to more than 20, battery costs have decreased 70%, and the number of electric vehicle charging stations has increased from less than 500 in 2008 to more than 16,000 today—a 40-fold increase. Electric vehicle coalition. City of Seattle.

Obama 150