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Toyota energy storage, Mercedes EQB details, Ford CEO on EV shakeout: Today’s Car News

Green Car Reports

Mercedes puts a price on its EQB electric SUV. Toyota gets in the home energy storage business—albeit only in Japan, for now. And Ford’s CEO sees EVs as the spark for a big industry consolidation. Is the auto industry headed for a big shakeout, and a price war over EVs? In a financial.

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Lux: China’s advanced energy storage market to quadruple to $8.7B in 2025; 85% share by transport

Green Car Congress

Driven by environmental problems, a growing auto industry, and a big policy push, China’s advanced energy storage market will be worth $8.7 billion, according to a new report from Lux Research called “ Clearing the Haze: Demystifying Energy Storage Opportunities in China ”.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. Energy storage on the grid is reaching a turning point. Installed revenue by ESG technology, worldwide. Click to enlarge. Earlier post.).

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Ener1 Receives Commitment for $65M Equity Investment; Negotiating with DOE on Low Interest ATVMP Loan

Green Car Congress

The warrants, three million of which are exercisable into Ener1 common stock at a strike price of $3.48, and five million with a strike price of $4.40, have a five-year maturity and are not exercisable for six months from the date of issuance. Ener1 Group will purchase 18,678,161 shares of common stock and 8 million warrants.

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False Starts: The Story of Vehicle-to-Grid Power

Cars That Think

Some observers thought V2G could prevent the kinds of price spikes and rolling blackouts then plaguing the Golden State. The need for large-scale electrochemical energy storage as a grid-stabilizing source of demand disappeared. And the auto industry had just canceled the battery EV.

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139. THE SUN WILL RISE FROM THE WEST: Predictions for 2022

Qnovo

Battery prices are free falling even with rising raw material prices. To meet a target date of 2030 to reach a variety of emissions and policy goals, the auto industry will need a tempo for product releases, akin to the maturity that the industry achieved in past decades.

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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized.

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