article thumbnail

The BMW i4 eDrive 35 M Sport Lands In South Africa At A Very Competitive Price

CleanTechnica EVs

The gap between the upfront purchase prices was so high at times that it could only be justified by the lower total cost of ownership advantage that BEVs have from a financial point of view. For a very long time, battery-electric vehicles have generally been more expensive than comparable internal combustion engine vehicles.

article thumbnail

BloombergNEF: battery metals rebounding; by 2030, annual Li-ion battery demand to pass 2TWh

Green Car Congress

Battery metal prices have recovered strongly in the first half of the year, incentivizing new projects to come online. Rise in metal prices could impact chemistry adoption but not EV uptake: Sustained high raw material prices could result in a significant shift in battery chemistry mix.

Li-ion 300
article thumbnail

OSU, Ford study provides insight into more efficient use of Rhodium in TWC applications

Green Car Congress

Rising prices for the three precious metals—especially rhodium—has spurred a sruge in the theft of catalytic converters from parked vehicles. South Africa is the major source, accounting for almost 60% of the world’s rhodium supply; Russia is the second-largest producer.

Insight 259
article thumbnail

Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

Green Car Congress

At the company’s Capital Markets Day 2017 in Johannesburg, South Africa, Sasol management said that the company will no longer pursue its proposed ) project in the US ( earlier post ) and furthermore will not invest in additional greenfields gas-to-liquids (GTL) projects.

article thumbnail

BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Moreover, Brazil is expected to have one of the lowest costs for hydrogen production by 2030, according to research by BloombergNEF. South Africa and India have good iron ore reserves and the potential to produce a large amount of low-cost clean power. Green recycling is also a cost-effective and immediate solution.

Hydrogen 221
article thumbnail

Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

Green Car Congress

The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. The report calculates the cost of producing electricity from different types of new power plants. 2010 and 2015 LCOE ranges for solar and wind technologies. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA.

Cost Of 150
article thumbnail

The Global Outlook of Electric Vehicles

Blink Charging

This is partially due to the cost of EVs in these countries, but also with a relative lack of charging infrastructure. With this increase in demand came an equally steep rise in the price of the metals used in the manufacturing of EV batteries – particularly lithium – which the IEA’s report says is a significant challenge to the EV industry.