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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s.

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CAM/PwC name Volkswagen Group most innovative global automotive company, Mercedes-Benz most innovative brand

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Volkswagen impressed us with an enormous range of innovations in all technological fields and with several highly innovative brands in the Group. ”. The study also noted that the Group had launched extremely energy-efficient all-electric cars during the evaluation period in the form of the e-up! Conventional drives.

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Rio Tinto to invest ~$200M to progress the Jadar lithium project to feasibility study stage; jaderite

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The unique mineral— jadarite —was discovered by Rio Tinto geologists in 2004 near the city of Loznica in Western Serbia. A global team of Rio Tinto experts have developed a small-scale test plant at Rio Tinto’s research center in Bundoora, Melbourne, Australia to test the new technology.

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Electrochemical energy storage startup SPARKZ licenses ORNL cobalt-free battery tech

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The advancement is aimed at accelerating the production of electric vehicles and energy storage solutions for the power grid. Moving forward to an electrified world with millions of electric cars, cobalt is not sustainable. in 2004, which he sold to a private equity firm in 2014. SPARKZ Inc. SPARKZ, Inc.,

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Cadillac teases new Opulent Velocity performance EV concept, is it too little too late?

Baua Electric

Cadillac gave a sneak peek of “the future of electric performance,” teasing its new Opulent Velocity EV concept. General Motors has already pushed back production of several key electric models, including the Equinox EV, Silverado EV, and GMC Sierra Denali EV. Nesbitt said more details will emerge later this year, so check back soon.

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2020 Ford Escape to offer hybrid and PHEV variants

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Escape, which debuted the world’s first hybrid SUV in 2005, brings back two hybrid choices for 2020—a standard hybrid and a plug-in variant—and introduces technologies ranging from drive modes and driver-assist features to electric vehicle ingenuity and on-board connectivity. The all-new 1.5-liter

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Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

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Global CO 2 emissions from fuel use and cement production by region. In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. Source: PBL.

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