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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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Hitachi develops 11 kW permanent magnet motor without rare earth materials

Green Car Congress

Conventional industrial 11 kW induction motor (left) and Hitachi’s new 11kW motor (right). The earlier 150 W prototype motor showed an efficiency of 86%. The new 11 kW double-rotor, axial-gap motor uses a laminated stator core based on a low-loss amorphous iron material. Source: Hitachi. Click to enlarge. Earlier post.).

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Draft of EPA Greenhouse Gas Inventory Shows Overall GHG Emissions Down By 2.9% in 2008; Transportation Emissions Down 5.7% in Largest Annual Change Recorded Since 1990

Green Car Congress

CO 2 emissions from the US transport sector, 1990-2008. The draft report of the US Environmental Protection Agency (EPA)’s annual Inventory of US Greenhouse Gas Emissions and Sinks: 1990-2008 shows that in 2008, overall greenhouse gas (GHGs) emissions decreased by 2.9% (206.1 Tg CO 2 in 2008 from 1,893.8 Click to enlarge.

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Ford poll finds Europeans want freedom of car ownership, but worry about traffic, cost of driving, environment

Green Car Congress

A new Ford Motor Company-sponsored poll of 6,000 people across Europe found that most Europeans remain committed to car ownership, but have growing concerns about traffic congestion, the cost of driving and the environment. In 2011, Ford Motor Company spent €4.1 Earlier post.). billion (US$5.2

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

Green Car Congress

Preliminary estimates from the National Safety Council (NSC) indicate motor vehicle deaths were 9% higher through the first six months of 2016 than in 2015, and 18% higher than two years ago at the six month mark. The total estimated cost of these deaths and injuries is $205 billion. million were seriously injured.

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Biosyncrude Gasification Process Could Produce Motor Fuel at Cost of Around $3/gallon

Green Car Congress

A crude oil price of US$100/bbl results in an approximate cost of €0.56/L gallon US) without tax for conventional motor fuel. A substitution of the present 2008 global motor fuel consumption of 2 Gtoe/a would therefore require a biomass harvest of 4 Gtoe/a. With ±30% estimate error, this is between €0.56 per liter (US$2.72-5.03/gallon

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DOE announces $60M to accelerate advanced vehicle technologies research

Green Car Congress

VTO-funded research has reduced the cost of advanced batteries by 75% since 2008, and nearly every plug-in electric vehicle (PEV) on the road today uses VTO-developed battery technology. DOE is working to lower the cost of the power electronics and motors in an EV to $7/kW by 2022 from $30/kW in 2012.