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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

The cost of battery packs has been a significant factor in the adoption of these technologies, and recent developments show that we’re moving in the right direction as prices drop. 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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UMTRI study finds total cost of ownership of diesels in US often much less than gasoline counterparts

Green Car Congress

Though there are some exceptions to these positive results for some of the diesel versions of vehicles from a total-cost-of-ownership perspective, the overall direction of the results supports the idea that diesel vehicles are competitive within the U.S. Belzowski 2015. Click to enlarge. Average diesel take rates. Model year.

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Ford poll finds Europeans want freedom of car ownership, but worry about traffic, cost of driving, environment

Green Car Congress

A new Ford Motor Company-sponsored poll of 6,000 people across Europe found that most Europeans remain committed to car ownership, but have growing concerns about traffic congestion, the cost of driving and the environment. Future mobility solutions. Earlier post.). Earlier post.).

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Fossil Fuel Production Up in 2008 Despite Recession

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in 2008 to reach 27.4 By 2008, coal production represented a third of fossil energy production. Mtoe per day in 2008, representing 39% of fossil energy production and slightly above the level in 2006, the next-highest production year. million barrels per day (Mbpd) in 2008, up from 1.0 in 2008 to reach 7.6

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Perspective: Despite Solyndra’s death, the future of solar energy is sunny

Green Car Congress

With subsidies long in place for nuclear, coal and gas in the US along with the cheap cost of production for coal and natural gas, solar is essentially competing with that $0.10/kWh kWh average cost of electricity in the United States and globally. It is not only wise we devote our resources toward solar technology; it is essential.

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U of Michigan Study Finds Costs of Plug-in Cars Primary Key to Broad Consumer Acceptance

Green Car Congress

A newly released University of Michigan study found widespread consumer interest in buying plug-in hybrid electric vehicles; however, the cost of the cars is much more influential than environmental and other non-economic factors as a predictor of purchase probabilities. 14% said there was a chance of purchase at $10,000 more.

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Volkswagen Group to invest €51.6B over next five years; seeking to make itself future-proof

Green Car Congress

This total amount includes additions to capitalized development costs of €10.3 We are systematically pursuing the goals of our Strategy 2018 to further increase our profitability and to make Volkswagen the world’s most future-proof automotive group. The Volkswagen Group will invest around €51.6 billion (US$76.5 billion (US$14.1

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