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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. Let’s look at the advancements in battery cost reduction, navigate through supply chain complexities, and explore the promising prospects ahead for the EV market.

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S&P Global Mobility: average age of light vehicles in US hits record high 12.5 years

Green Car Congress

years, up by more than three months over 2022, according to the latest analysis from S&P Global Mobility. It also reflects the highest yearly increase since the 2008-2009 recession, which caused acceleration in average age beyond its traditional rate due to the sharp decline in new-vehicle sales demand. million units to 13.9

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SK IE Technology to supply separators for EV batteries to Sunwoda

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SK IE Technology (SKIET) signed an MOU with Sunwoda , the 9 th largest battery manufacturer in terms of global market share (according to SNE Research in 2022), to strengthen cooperation in supplying battery separators. This marks SKIET’s first large-scale supply of EV battery separators to a Chinese EV battery manufacturer.

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Octillion becomes official battery supplier for FNM electric trucks in Brazil

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Li-ion battery provider Octillion Power Systems is working with the reborn FNM (now Fábrica Nacional de Mobilidades) in Brazil to produce battery-electric trucks; FNM has selected Octillion as the official battery supplier for the coming lineup. FNM was founded in 1942 and was the first truck manufacturer in Brazil.

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Octillion marks 100,000 EVs on the road with its batteries, 2 billion km driven

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Octillion Power Systems, a provider of advanced lithium-ion storage systems for electric mobility, announced it has reached two milestones: 100,000 electric vehicles worldwide powered by its batteries and 2 billion kilometers driven. Twenty percent of the electric vehicles in China today are using Octillion batteries, the company said.

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Unifrax introduces Battery Advisory Board to support SiFAB silicon fiber anode battery technology

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Unifrax, a manufacturer of high-performance specialty materials, introduced its Battery Advisory Board, which will meet regularly to provide strategic guidance as Unifrax grows its battery portfolio and enters the silicon anode market with its new SiFAB Silicon Fiber Anode Battery Technology. Earlier post.).

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Pike Research reports global fuel cell shipments doubled between 2008 and 2010; largest unit growth in stationary power sector

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Global MW of fuel cell product shipments by electrolyte, 2008-2010. Portable fuel cells have had their ups and downs over the past two years, with a temporary spike in shipments created by the sale of 3,000 Toshiba Dynario external battery rechargers in 2009, followed by a sharp decline in total sales in 2010. Click to enlarge.

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