article thumbnail

Hydrogen Council report finds cost of hydrogen solutions to fall sooner than previously expected

Green Car Congress

The Hydrogen Council has published a new report, Path to Hydrogen Competitiveness: A Cost Perspective , demonstrating that the cost of hydrogen solutions will fall sharply within the next decade, sooner than previously expected. Drop in the cost of components for end-use equipment under scaling up of manufacturing.

Hydrogen 320
article thumbnail

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

A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. BNEF will discuss its EV forecast in detail at its upcoming annual BNEF Summit in New York in April. Although some 1.3 —Salim Morsy.

Cost Of 150
article thumbnail

Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

Green Car Congress

By comparison, the Nissan Leaf will cost $26,280 after federal subsidies (including an allowance for charger installation), which is a higher price point than three quarters of all new auto sales. The BNEF forecast is based on first identifying the addressable market for plug-in vehicles—i.e., Last week, J.D. Earlier post.)

Financing 283
article thumbnail

Carbon Trust awards £2M to ACAL Energy and ITM Power to support major reduction in cost of automotive fuel cell systems

Green Car Congress

million) to two UK fuel cell companies—ACAL Energy and ITM Power—to help deliver a step change reduction in the cost of the technology to about $35/kW. Production of advanced automotive fuel cell systems currently under development globally are forecast to cost approximately $50/kW at mass manufacture volumes.

Cost Of 231
article thumbnail

DOE seeking input on analysis methodology and assumption for estimating total cost of ownership of future advanced vehicle technologies

Green Car Congress

DOE conducted a preliminary analysis for several fuel/vehicle pathways for present day (2011) and future (2016 and 2030) mid-size cars to examine the potential for technology improvement to reduce the total costs of ownership of advanced powertrain vehicles and fuels to levels comparable to conventional powertrain vehicles and fuels.

Cost Of 210
article thumbnail

Tesla China supplier CATL launches cost-effective sodium-ion battery cell

Teslarati

The company has a 30 percent market share, but the company has been struggling with the rising cost of lithium carbonate, which has doubled this year. For comparison, lithium-ion cells can reach about 285 Wh/kg, according to K. Additionally, nickel has also increased in price this year.

Sodium 145
article thumbnail

Tesla Model Y strengthens its position in Sweden

Push EVs

For comparison, its monthly lease cost is about 10% more than the Tesla Model 3 Dual Motor, and is around 10cm longer in size, with similar performance. Outlook Sweden’s auto industry organization, Mobility Sweden , has recently downgraded its overall auto sales forecast for 2023, from 290,000 down to 265,000 units.

Sweden 59