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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

The cost of battery packs has been a significant factor in the adoption of these technologies, and recent developments show that we’re moving in the right direction as prices drop. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh.

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NSC: US motor vehicle fatalities up 9% in 1H 2016; trending toward deadliest driving year since 2007

Green Car Congress

The total estimated cost of these deaths and injuries is $205 billion. The continued rise in fatalities is prompting the Council to issue its highest fatality estimate for the Labor Day holiday period since 2008. An estimated 19,100 people have been killed on US roads since January, and 2.2 million were seriously injured.

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UAW Contract Voting Has Been Mixed Thus Far

The Truth About Cars

Unionized Ford workers in Louisville, Kentucky, and General Motors employees from Spring Hill, Tennessee, have voted no on the contract agreement reached by the United Auto Workers. & On Monday, production workers at the Ford Kentucky Truck Plant and Louisville Assembly Plant voted against the tentative agreement.

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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. GM and Stellantis are reportedly only offering 20 percent.

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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. Duke Energy Kentucky. General Motors.

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3 Electric Vehicle Trends in the Growing Market

EV Connect

But, at this point, the only states that don’t have incentives to some degree are the Dakotas, Kansas, Kentucky and West Virginia. The important takeaways are as follows: The cost of EV batteries (which make up about 35% of the vehicle cost) has plummeted since 2008, from $1,200 per kilowatt hour to $157 per kilowatt hour.