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

Green Car Congress

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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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. November prices rose 0.9% ($422) month over month from October 2022 and were up 4.4% ($2,250) from year-earlier levels. in October.

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Groupe Renault creating first European factory dedicated to the circular economy of mobility in Flins

Green Car Congress

Groupe Renault is creating the REFACTORY in Flins, the first European circular economy site dedicated to mobility. The implementation of this industrial and commercial ecosystem will take place gradually between 2021 and 2024, replacing the production of new vehicles. ISO 14 001 and ISO 9 001 certifications, logistics hub, etc.)

Economy 397
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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

Green Car Congress

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle.

Price 416
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UC Irvine analysis finds renewable hydrogen sector could reach price parity with conventional fuel by mid- to late 2020s

Green Car Congress

The study concludes that, with appropriate policy support, the renewable hydrogen sector can reach self-sustainability (price point at parity with conventional fuel on a fuel-economy adjusted basis) by the mid- to late-2020s. The roadmap effort developed several scenarios for the growth in renewable hydrogen demand through 2050.

Hydrogen 357
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Used Electric Car Prices Dropping

CleanTechnica EVs

Economies around the world have been bonkers the past several years, since COVID hit. That has been more evident in the auto industry more than most others, probably because cars are such expensive products and get so much attention.

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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

Green Car Congress

The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). Summary of the economics of a hydrogen economy.

Hydrogen 221