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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

Green Car Congress

Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). All prices are in real 2021 $, unless stated as nominal.) At the cell level, average BEV prices were just $97/kWh.

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Kelley Blue Book: average new-vehicle prices in US up 5.4% in May y-o-y; average EV price down 10.8%

Green Car Congress

The estimated average transaction price for a light vehicle in the United States was $41,263 in May 2021, according to the analysts at Kelley Blue Book. New-vehicle prices increased $2,125 (up 5.4%) from May 2020, while increasing $493 (up 1.2%) from April 2021. On a month-to-month basis, the average EV price in May 2021 rose 1.9%

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EPA finalizes new Renewable Fuel Standards

Green Car Congress

The US Environmental Protection Agency (EPA) issued a final rule under the Renewable Fuel Standard (RFS) program that establishes the biofuel volume requirements for 2023 to 2025. Supplemental standard 0.25 EPA is undercutting the certainty that our industry hoped for from a three-year RFS rule. Biomass-based diesel 2.82

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Roskill: Niobium industry looking for a future beyond steel; Li-ion batteries a possibility

Green Car Congress

Niobium is a metal primarily used by the steel industry as a ferroalloy strengthening element. Adding niobium reduces the amount and weight of steel required, an important feature for the automotive industry but also for infrastructure. CBMM dominates the market with a 78% market share and is seen as the price-setter.

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China to allow extended sales periods for ICE models based on existing emissions standard, report says

CN EV Post

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. This was seen as the beginning of the massive outbreak of the price war.

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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.

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Report finds US automakers remain profitable under future CAFE standards even with fuel price fluctuation

Green Car Congress

Even with wide-ranging unpredictable gas prices, US automakers will remain profitable and suppliers will benefit under existing national fuel economy standards slated to be in place until 2025, according to a new economic analysis brief prepared by independent automotive industry analysts, commissioned by the nonprofit group Ceres.

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