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How Automotive Dealerships Can Save Money with Battery Energy Storage

Blink Charging

As dealerships embrace electrification to maintain competitiveness , it’s crucial to also explore the benefits of integrating battery energy storage systems (BESS). Discover key insights into incorporating battery storage for your dealership’s sustainable energy storage. What are battery energy storage systems?

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DOE estimates EV battery pack costs in 2022 nearly 90% lower than in 2008

Green Car Congress

The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). The 2022 estimate is $153/kWh on a usable-energy basis for production at scale of at least 100,000 units per year.

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DOE awards Group14 Technologies $3.96M as Energy Storage Grand Challenge winner; nano-silicon within an engineered carbon scaffold

Green Car Congress

Group14 Technologies, a provider of silicon-carbon composite materials for global lithium-ion markets, announced that it has been selected as a winner of the Department Of Energy’s Energy Storage Grand Challenge and will receive a $3.96-million million award.

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IHS: late 2015 pipeline growth signals impending rise in global energy storage market

Green Car Congress

Battery cost reductions, government funding programs and utility tenders led to a 45% increase in the global energy storage pipeline in the fourth quarter (Q4) of 2015 compared to the previous quarter. the global pipeline of planned battery and flywheel projects had reached 1.6 gigawatts (GW) in Q4 2015.

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Cummins acquiring Brammo for energy storage technology

Green Car Congress

which designs and develops battery packs for mobile and stationary applications. Adding Brammo’s battery pack expertise and resources is an important step for Cummins in its efforts to become a global electrified power leader. In 2015, Brammo sold its electric motorcycle division to investor Polaris. Cummins Inc.

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BMW i home energy storage system integrates 2nd-life i3 vehicle batteries

Green Car Congress

BMW i announced a home stationary energy storage system solution integrating its BMW i3 vehicle battery at EVS 29 in Montréal. The system utilizes BMW i3 high-voltage batteries and can be expanded to incorporate second-life batteries as they become available in the market.

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Tesla releases specs for its new Powerwall+ energy storage system

Teslarati

Tesla is releasing the specifications for its new Powerwall+ energy storage system, according to a new product information sheet that a potential customer posted. Tesla’s Powerwall is the energy storage system that the company utilizes for Solar customers.