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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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Eos Energy Storage introduces grid-scale battery system at $160/kWh

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Eos Energy Storage announced the commercial availability of its MW-scale Aurora system for deliveries starting in 2016. With a 30-year life, Eos is can provide peak electricity at a levelized cost of $0.12-0.17 per kWh—substantially less than conventional gas turbines and competing energy storage technologies.

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Daimler starts deliveries of Mercedes-Benz Li-ion energy storage units for private homes

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Daimler AG has commenced deliveries of Mercedes-Benz stationary energy storage units ( earlier post ) for use in private homes. At present, the company’s partners include the energy service provider Energie Baden-Württemberg (EnBW), the solar technology specialist SMA, as well as a number of wholesale traders.

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

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BMW i announced a home stationary energy storage system solution integrating its BMW i3 vehicle battery at EVS 29 in Montréal. This project serves the energy supplier Vattenfall as a power buffer for fast charging stations, aiding by storing solar power and helping to stabilize the electric grid.

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ITM Power calculates its hydrogen production costs fall below EU 2015 targets

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ITM Power has calculated the cost of hydrogen produced by its HFuel electrolysis system (sized at 100 kg/day), to range from £3.88/kg The European cost target for hydrogen generation starts at €16.60/kg kg) in 2015 and €5.50/kg The European cost target for hydrogen generation starts at €16.60/kg kg) in 2015 and €5.50/kg

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EV AI software company Electra Vehicles raises $21M in a round led by United Ventures with participation from Stellantis

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Electra Vehicles was founded in 2015 by energy storage expert Fabrizio Martini, following his work with NASA, where he developed a novel battery system for Venus-bound spacecraft. Existing investors LIFTT S.p.A., Club degli Investitori, and BlackBerry Limited also participated in the round.

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