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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

The good news is that things are starting to change. 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.

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Someone Is Recording People Repeatedly Failing to Make Mystery Turn

The Truth About Cars

Earlier this week, a friend sent me a video where over a dozen vehicles failed to negotiate a mystery turn somewhere within North America. Located in Durham, North Carolina, the site consists of a railroad bridge covered in warning signs that’s just short enough to cleave the tops off unsuspecting commercial vehicles, buses and RVs.

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Union Bargaining Begins in Detroit

The Truth About Cars

For most people living in North America, wages haven’t kept pace with the cost of living and inflationary pressures are exacerbating the issue. Automotive News reported that the union head appeared on Facebook Live Tuesday evening to request members fill out support cards. Getting more could be a tall order, however.

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Junkyard Find: 1986 BMW 325es

The Truth About Cars

When I first became a wise and fair judge for the 24 Hours of Lemons race series , back in 2008, I got a lot of static from Internet Car Experts who noted the large quantity of BMW E30s in every race and proclaimed that any E30 in any condition was worth at least ten times more than the Lemons $500 limit on car cost.

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JLR sees U.S. as key to good fortune for reborn Jaguar logo

Baua Electric

“This brand was incredibly successful in North America 25 years ago before we took the compromises and the decisions we made,” JLR CEO Adrian Mardell advised buyers extreme day. billion for Jaguar in 1989, earlier than promoting it with Land Rover to Tata in 2008 for $2.3 Jaguar’s time U.S. Ford paid $2.5

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Formula One Rejects Andretti-Cadillac Bid

The Truth About Cars

While Ferrari remains competitive, it hasn’t actually won the World Constructors' Championship since 2008. “We We do not believe that there is a basis for any new applicant to be admitted in 2025 given that this would involve a novice entrant building two completely different cars in its first two years of existence,” F1 explained.

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Top electric vehicles battery manufacturers in India

Electric Vehicles India

In 2008, on 27 June 2018, Exide Industries Ltd announced its joint venture (JV) agreement with Leclanché to build lithium-ion batteries and energy storage solutions to power the growth of India’s electric vehicle market. The company is one of the largest chemical companies in India with operations in India, Europe, North America and Africa.

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