Remove 2008 Remove Gas Remove Georgia Remove Industry
article thumbnail

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. But that doesn’t mean prices are set in stone.

2008 52
article thumbnail

UT Austin to lead $58M study of methane hydrate in Gulf of Mexico; $41M from DOE

Green Car Congress

The US Department of Energy (DOE) is providing $41,270,609, with the remainder funded by industry and the research partners. Methane hydrate—natural gas trapped in an ice-like cage of water molecules—occurs in both terrestrial and marine environments. Council of Canadian Academies (2008). Click to enlarge.

Mexico 294
article thumbnail

Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

During past eight years the number of plug-in electric vehicle models has increased from one to more than 20, battery costs have decreased 70%, and the number of electric vehicle charging stations has increased from less than 500 in 2008 to more than 16,000 today—a 40-fold increase. Georgia Power. Pacific Gas & Electric.

Obama 150
article thumbnail

NASA awards $16.5M to four teams for additional research into reducing aircraft fuel consumption, emissions and noise

Green Car Congress

million to four industry and academic teams for additional research into ideas to reduce aircraft fuel consumption, emissions and noise in aircraft that could enter service between 2030 and 2035. The teams first studied the ideas from October 2008 to April 2010. The teams first studied the ideas from October 2008 to April 2010.

Emissions 199
article thumbnail

President Joe Biden’s Tesla-void EV speech gave Ford too much credit [Opinion]

Teslarati

Two of the four vehicles I have owned have been Fords, the most recent being a 2008 Ford Escape Hybrid. With Ford entering the EV sector with the Mustang Mach-E, it opened up a favorable introduction into the industry for the company that Henry Ford started in 1903. Tesla’s electric vehicles are the leader of the industry.

Ford 145