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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

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. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh. Historical data is an eye-opener.

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HEI ACES study of lifetime animal exposure to New Technology Diesel Engine exhaust finds no lung cancer

Green Car Congress

In their extensive analysis of the physical and chemical composition of the emissions, McDonald and colleagues found that the most abundant pollutants were carbon dioxide, carbon monoxide, NO, and NO 2. These ancillary studies evaluated endpoints not examined in the core study. This phase was conducted at SwRI in 2012.

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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. Louisville Gas & Electric and Kentucky Utilities.

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Ford Executive Chair Bill Ford Asks UAW to End Strike

The Truth About Cars

Last week 8,700 union members walked out at the largest and most profitable Ford plant in the world , the Kentucky Truck Plant in Louisville. Ford said the strike at the Kentucky plant is harming tens of thousands of Americans who work for parts suppliers and Ford dealers. However, it’s not just Ford suffering from this phenomenon.

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