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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 decline in cost is due to improvements in battery technologies and chemistries, and an increase in manufacturing volume.

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What is the cost of usable energy for driving and heating our homes?

Green Car Congress

This analysis compares the costs of usable energy when we buy gasoline and electricity for driving and natural gas for keeping warm. The average retail cost of regular gasoline in 2018 was $2.719 per gallon. Consequently, the average cost of the available energy from gasoline is $0.226 per 10,000 Btu. by Michael Sivak.

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Study finds air pollution and GHG costs of crude-by-rail nearly 2x pipeline costs; much larger than spill and accidents costs

Green Car Congress

Researchers from Carnegie Mellon University and the University of Pittsburgh have found that the air pollution and greenhouse gas costs of shipping crude by rail are nearly twice as large as those for oil pipelines. Their estimations were also based on The Pipeline and Hazardous Materials Safety Administration’s 2015 study.

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BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

Green Car Congress

This would be almost 90 times the equivalent figure for 2015, when EV sales are estimated to have been 462,000, some 60% up on 2014. This would be equivalent to nearly 8% of global electricity demand in 2015. Lithium-ion battery costs have already dropped by 65% since 2010, reaching $350 per kWh last year. Although some 1.3

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Toyota continues prepare the market for fuel cell vehicle in 2015

Green Car Congress

Toyota Motor continues to lay the foundation for the introduction of its production fuel cell hybrid vehicle in 2015; the company began work on fuel cell technology in 1992. Eliminating the need for a humidifier allowed Toyota to simplify the structure of the fuel cell system, making it lighter, smaller and more cost-effective.

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Study finds technology cost of achieving European 2020 LDV CO2 targets more than offset by resultant fuel savings

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A report published by Cambridge Econometrics and Ricardo-AEA concludes that overall, the cost of technologies required to meet proposed European 2020 CO 2 regulations for vehicles (95 g/km for cars and 147 g/km for vans) will be more than offset by the resultant fuel savings. Source: Cambridge Econometrics.Click to enlarge.

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Lung Association report highlights health and climate costs of petroleum-based transportation and the benefits of shifting to ZEVs

Green Car Congress

Of that $37 billion, health costs added up to $24 billion in 2015; the $24 billion represents the monetized sum of harmful emissions responsible for an estimated 220,000 work-loss days, more than 109,000 asthma exacerbations, hundreds of thousands of other respiratory impacts, and 2,580 premature deaths. New York: $7.9 New Jersey: $4.6

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