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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

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Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). All prices are in real 2021 $, unless stated as nominal.) At the cell level, average BEV prices were just $97/kWh.

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NIO launches Battery as a Service (BaaS) in China; battery swap system

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Premium EV manufacturer NIO has launched Battery as a Service (BaaS) for customers in China. NIO BaaS users can purchase a car without the battery, making EVs more price competitive against existing powertrains, while also providing the flexibility to change battery capacity depending on their needs and pay accordingly.

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BYD electric motor coaches selected for California purchasing contract; available to governmental entities outside CA

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BYD announced that its participation in a California-wide purchasing contract will also allow US transit agencies to leverage California’s purchase power to buy US-built zero-emission BYD battery-electric motor coaches, made by union employees in Lancaster, California. —Patrick Duan, Vice President of BYD North America.

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Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

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However, these annual costs don’t take into account the purchase cost of the vehicle itself and are purely the ‘running’ costs annually. When the purchase cost of each type of vehicle is factored in, average gasoline vehicles are $1,454 per year cheaper to run. per mile.

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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

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Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Lithium is expected to trade at 484,185.00 by the end of this quarter. Earlier post.). Lithium carbonate is forecast to trade near its high. Source: Trading Economics.

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2023 Nissan Ariya electric crossover pricing starts at $43,190

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The 2023 Nissan Ariya—Nissan’s first all-electric crossover ( earlier post )—goes on sale late fall (FWD models only) and offers a choice between front-wheel drive and e-4ORCE all-wheel drive with a long range and standard range battery option. Starting Manufacturer’s Suggested Retail Prices for the 2023 Nissan Ariya: Grade.

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Lightning Systems lowers prices of electric powertrains while adding and enhancing features

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Commercial electric vehicle manufacturer Lightning Systems is lowering the prices of its 2021 battery and fuel cell electric vehicles by 10 to 50% for Class 3 to Class 8 vehicles. In addition to lower prices, zero-emission vehicles from Colorado’s Lightning Systems also will have new features, including: High-speed Level 2 charging.

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