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Novel Sodium-Ion Battery-Powered EVs To Hit Chinese Streets in January

The Truth About Cars

Today, most EVs use lithium-ion batteries, just like the phone in your pocket. A Volkswagen-funded Chinese automaker has a new type of battery that offers some benefits over lithium-ion batteries, namely cost and cold weather performance, but it’s unclear if we’ll see them in the United States.

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Tesla to build small new LFP battery cell factory with CATL machines, report says

Baua Electric

The publication wrote: The automaker plans to buy machinery from CATL, as the battery maker is known, and install it in the city of Sparks, said the people, who asked not to be identified. CATL is a Tesla cell supplier, but the US has been wary of Chinese cell manufacturers coming to the US to take advantage of the tax credit.

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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. In fact, the prices of lithium-ion battery packs actually went up a bit in 2023, compared to 2022, increasing by about $10.

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Chevrolet Volt MSRP Starts at $41,000, $33,500 Net of Full Federal Credit; 3-year Lease Program with Option to Buy

Green Car Congress

GM will introduce the Chevrolet Volt extended range electric vehicle with a starting MSRP of $41,000; after applying the Federal income tax credit of $7,500, the price drops to $33,500. For up to the first 40 miles, the Volt drives using only electricity stored in the 16 kWh lithium-ion pack.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

DB has lowered its advanced lithium-ion battery cost projection by about 30% for 2012. Increasing political animus towards the ethanol tax credit, which was “ begrudgingly renewed for one year in the lame-duck tax bill.” ” The team suggests that this may be the last extension for the credit.

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2022 Hyundai Ioniq5 Review – Whatever It Is, It’s Good

The Truth About Cars

kWh lithium-ion battery. Yes, you can save money by not buying gas, and yes the Ioniq5 appears to be still eligible for the $7,500 federal tax credit if it’s leased (it’s not eligible if you buy since it’s assembled in South Korea). Juice is supplied via 77.4 That gives the Ioniq5 a bit of gusto.

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Volvo To Go All Electric By 2030 – EV Week in Review: Feb 23-Mar 1

EV Adoption

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

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