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IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

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The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. Cost is the name of the game.

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BNEF: net-zero road transport by 2050 still possible, but big push needed

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The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO). million sold in 2021 to 21 million in 2025.

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Joint Office of Energy and Transportation establishes new EV working group

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The US Department of Energy (DOE) and US Department of Transportation (DOT) Joint Office of Energy and Transportation (Joint Office) announced the members of the Electric Vehicle Working Group (EVWG), a collection of EV industry experts and leaders who will help guide the widespread adoption of EVs across the country.

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Faradion receives first order for sodium-ion batteries for Australian market

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the leader in sodium-ion (Na-ion) battery technology, has received its first order from ICM Australia for high-energy sodium-ion batteries for use in the Australian market. Unlike lithium-ion batteries, Faradion’s sodium-ion batteries have exceptional thermal stability and safety. UK-based Faradion Ltd.,

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Fraunhofer analysis finds battery-electric trucks have energy cost advantage over hydrogen trucks

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In a recent analysis, Fraunhofer ISI concludes that battery-electric drives will become established in heavy-duty applications in the commercial vehicle sector and that fuel cells will remain a niche application. The decisive factor for the switch to battery-electric vehicles is the energy cost advantage compared to hydrogen and diesel.

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Tesla Lathrop Megafactory spotted with record 446 Megapack batteries

Teslarati

The drone flyover, which was conducted by Tesla watcher Met God in Wilderness on March 28, 2024, showed a record 446 Megapack batteries in the Lathrop Megafactory’s premises. Trucks that seemed designed to transport the grid-scale batteries from the Megafactory were also spotted at the location. MW of power and 3.9

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International Transport Forum brief suggests Smart Grid and EV technologies could be mutually beneficial; V2X potential

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A new policy brief published by the Organisation for Economic Co-operation and Development’s (OECD) International Transport Forum (ITF) notes that existing electricity systems will need to be reconfigured to support the widespread adoption of electric mobility and suggests that Smart Grid technologies and EVs and EVs could be mutually beneficial.

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