article thumbnail

Recent trends in gasoline prices

Green Car Congress

This brief note analyzes the changes in the price of gasoline during the first 13 weeks of 2020 and compares them with the changes during the first 13 weeks of 2019. The raw data (the average retail price of regular gasoline) came from the U.S. Indeed, during the same time period in 2019, gasoline prices increased by 20.3%.

Gasoline 286
article thumbnail

Diesel and gasoline prices drop in early 2020, but diesel drops substantially less

Green Car Congress

Although both diesel and gasoline are made from oil, the trends in their prices do not always go in parallel. This brief note analyzes the changes in the prices of diesel and gasoline during the first 17 weeks of 2020, and compares them with the changes during the first 17 weeks of 2019. The raw data (the average retail prices of No.

Diesel 170
article thumbnail

Tsinghua researchers conclude surging lithium price will not impede EV boom

Green Car Congress

Although the current 10-fold price spike of lithium is giving the electric vehicle market a sharp short-term shock, a study by a team from Tsinghua University indicates that it will not hinder transportation electrification in the long run. That made the cathode price increase by 140% for LiNi 0.8 —Sun et al.

Price 199
article thumbnail

Hyundai Motor Group and Seoul National University open joint battery research center; focus on Li-metal and solid-state

Green Car Congress

Hyundai Motor Group announced the inauguration of its Joint Battery Research Center with Seoul National University (SNU). This is the first time that a research facility specializing in electric vehicle (EV) batteries has been built within Seoul National University. million EVs by 2030. million EVs by 2030. trillion (US$7.4

Universal 150
article thumbnail

Kanazawa University-led researchers recycle rare-earth elements from spent fluorescent lamps by chemical/mechanical treatment

Green Car Congress

A team led by Kanazawa University in Japan has developed a cleaner method for the recycling of several rare earths (REs) such as yttrium (Y) and europium (Eu) used as phosphors in fluorescent lamps (FLs). Credit: Kanazawa University.

Universal 255
article thumbnail

Responsible Battery Coalition and U Michigan launch study to compare electric and gas vehicle lifetime costs

Green Car Congress

The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). Gregory Keoleian, Director of the Center for Sustainable Systems at the University of Michigan.

Michigan 199
article thumbnail

EPIC: state-level renewable electricity mandates increase electricity prices up to 17% over 12 years; cost more expensive than benefit

Green Car Congress

—co-author Michael Greenstone, the Milton Friedman Distinguished Service Professor in Economics and director of the Energy Policy Institute at the University of Chicago (EPIC). The Obama Administration’s central estimate of the SCC would be approximately $50 per ton in today’s dollars. —Michael Greenstone.

Renewable 207