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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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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. They will likely get restarted again for Tesla owners.”

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Emerging Michigan Wind Industry Could Offset Some Employment Losses in Auto

Green Car Congress

The Detroit News. A new wind turbine assembly plant opening later this year in Novi, Michigan will create about 250 manufacturing jobs which are being sought by displaced autoworkers.The company received $7.3 million in tax credits from the Michigan Economic Growth Authority in December to create 256 direct jobs over six years.

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Senate Strives for Palatable Energy Bill; Plug-in Credits In

Plugs and Cars

The Detroit News is reporting on the efforts in the Senate to craft a viable energy bill. The bill also increases to just more than $1 billion consumer tax credits for buying a plug-in hybrid, with a $5,000 per-vehicle maximum. Over 200,000 PHEVs.

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Partner Update and Announcement

Plug In Partners

Although consumer tax credits for PHEVs enjoyed bipartisan support in both houses of Congress, concerns over other tax portions of the energy bill resulted in the entire tax package being removed from the original bill. The bill, HR 5351 includes a credit for plug-in hybrid electric vehicles. The bill (H.R.

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News: 2025 Honda CR-V e:FCEV

Clean Fleet Report

The first Honda hydrogen vehicle–the FCX EV Plus 1997-99 Insight Hatchback Hybrid 1999-2006 Civic Hybrid 2003-* (offered intermittently in various generations of Civics starting with the 7 th generation in 2003; note: An all-new Civic Hybrid will be released in 2025.)

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Ed Feo is a partner with the law firm of Milbank, Tweed, Hadley & McCloy and was voted one of the “Five Most Influential People in Renewable Energy” in 2008 by Euromoney / Institutional Investor. We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” Billion in 2008). Billion vs. $28.3

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