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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. By keeping these manufacturing jobs in the U.S.,

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Washington state to vote on first US revenue-neutral carbon tax in November

Green Car Congress

On November 8, Washington will vote on the US’ first revenue-neutral carbon tax. If approved, Initiative 732 would establish a tax on carbon emissions at $15 per metric ton of emissions in July 2017; $25 in July 2018, and then 3.5% plus inflation each year until the tax reaches $100 per metric ton.

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UK Manufacturer Axon Automotive Unveils Plug-in Hybrid Electric Vehicle

Green Car Congress

This is half the level needed for free annual road tax in UK for this car (band ‘A’ is below 100 g/km of CO 2 = zero road tax in the UK). Axon Automotive uses novel manufacturing techniques to make carbon fibre technology, which has been associated with racing cars, affordable for eco cars. Axon Automotive Ltd.

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Congressionally-created Commission Recommends Mileage Tax Instead of Fuel Tax for Transportation Infrastructure Financing

Green Car Congress

Average annual capital needs and gap estimates, all levels of government, 2008-35 (in 2008 dollars). A bi-partisan Congressionally-created commission has recommended a shift from motor fuel taxes to direct fees charged to transportation infrastructure users—i.e., Click to enlarge.

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Tesla bulls respond to ‘The Big Short’ and his massive bet against the stock

Teslarati

Tesla ( NASDAQ: TSLA ) bulls are responding to “The Big Short” Michael Burry’s massive bet against the electric automaker’s stock, indicating that their beliefs don’t align with the man who correctly predicted the 2008 collapse of the housing crisis. Tesla builds factories to manufacture cars and sells them.

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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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Drive Electric Earth Month Launches April 1 with 172 Events

Plug in America

“EV adoption continues to grow, especially as manufacturers introduce new models and the used market becomes more robust,” said Joel Levin, executive director of Plug In America , a national nonprofit whose mission is accelerating the shift to EVs and one of the organizations behind Drive Electric Earth Month. Last year U.S.