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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

The US Department of Energy’s Vehicle Technologies Office reported a remarkable 89% decrease in the cost of electric vehicle lithium-ion battery packs between 2008 and 2022. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh.

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Peugeot presenting 2008 Concept at Paris Motor Show; first application of new 1.2L, 3-cylinder engine

Green Car Congress

At the Paris Motor Show, Peugeot is presenting the 2008 Concept, a B-Segment follow up to the Urban Crossover Concept it introduced in Beijing earlier this year. Peugeot 2008 Concept. 3-cylinder turbocharged direct injection engine developing 100 bhp (75 kW). Peugeot has sold more than 15 million ‘2’ series compact vehicles.

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Subaru of America Reports Strong December Sales and Year-End Performance

The Truth About Cars

Photo credit: Teddy Leung / Shutterstock.com Subaru of America, Inc. Since its inception in 2008, the event has accumulated over $250 million in donations. witnessed a notable increase in vehicle sales during December 2022, with a reported 56,760 vehicle sales.

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EIA: world petroleum use sets record high in 2012 despite declines in North America and Europe

Green Car Congress

million barrels per day (bbl/d) in 2012, as declining consumption in North America and Europe was more than outpaced by growth in Asia and other regions, according to the US Energy Information Administration (EIA). Between 2008 and 2012, Asia’s consumption increased by 4.4 North America. Source: EIA. Click to enlarge.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Electrify America, Sacramento announce Green City investments: ZEV car-sharing, ZEV bus and shuttle routes, EV charging systems

Green Car Congress

Electrify America and the City of Sacramento announced new projects that will increase access to zero-emissions vehicles (ZEV) in the Sacramento region, expand ZEV technology use, and prepare the City for future electric vehicle adoption. Electrify America is a wholly-owned subsidiary of Volkswagen Group of America.

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Actual vehicle MPG improvement has stagnated since 2008

Green Car Reports

Though vehicles for sale today are more efficient than they've ever been, the average fuel economy of America's operating fleet has remained relatively stagnant since George W. Bush was President, research shows.

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