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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. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh. The good news is that things are starting to change.

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Michigan Awards $543.5M in Tax Credits to Four Battery Makers, Who Announce Plans for $1.7B Investment in Li-ion Battery Plants in Michigan

Green Car Congress

million in tax credits to four battery companies announcing plans to invest more than $1.7 billion in Li-ion manufacturing facilities in the state. The four companies receiving the tax credits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.;

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Dassaults SVE to Combine with and Dow Kokam in Li-ion Battery Partnership for EVs

Green Car Congress

In August, the US Department of Energy awarded Dow Kokam $161 million toward the production of manganese oxide cathode / graphite lithium-ion batteries for hybrid and electric vehicles in Michigan. The Michigan Economic Growth Authority (MEGA) Board also approved a state tax credit valued at $44.6 Earlier post.) Earlier post.).

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

DB has lowered its advanced lithium-ion battery cost projection by about 30% for 2012. In the US hybrids fell from about 3% of total sales in 2008-09 to 2.2% Increasing political animus towards the ethanol tax credit, which was “ begrudgingly renewed for one year in the lame-duck tax bill.”

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Profile: Li-ion Battery and Pack Supplier Valence Technology

Green Car Congress

a provider of lithium-ion batteries, modules and packs. Valence differentiates its lithium-ion products through its cathode (positive terminal in discharge) material, a lithium iron magnesium phosphate (LiFe 1-x Mg x PO 4 ). According to the US DOE/EIA, the US average total tax for a gallon of diesel was $0.43/gallon

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Easy as A123

Plug In Partners

A123Systems produces Nanophoshate based lithium ion batteries with a combination of power density, durability and safety in excess of anything mass produced on the market today. snip At an initial 40 mile module installed price of $10,000 supported with a $3500 tax credit , the payback period for a fleet owner with $3.00/gallon

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Suzuki to showcase fuel cell and plug-in hybrid concepts

Green Cars News

It is fitted with a compact 660cc engine and equipped with a generator to charge the lithium-ion battery if capacity level drops. The type of petrol engine used for the Hybrid is similar to the 3-cylinder 658 cc fitted to the compact and low tax ‘Kei’ cars in Japan. .

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