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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

The good news is that things are starting to change. 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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This startup leverages dash cam tech to make Indian roads safer – ET Auto

Baua Electric

The journey of SafeCams began with a simple observation by Vanesh Naidoo, its co-founder, during his time in India in 2008. New Delhi: In the bustling streets of India, where traffic can be chaotic and accidents all too common, one company is revolutionizing road safety through innovative dash cam technology.

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Elon Musk sets Tesla Roadster unveiling to the end of 2024

Teslarati

First introduced in 2008, the Tesla Roadster quickly gained acclaim for its cutting-edge technology, blistering performance, and sleek design. Besides battery tech advancements, Tesla has greatly improved its production lines thanks to the Model 3, Model Y, and Cybertruck.

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BYD overtakes VW’s 15-year-run as top seller in China

Baua Electric

500,000th BYD Dolphin rolls off assembly line (Source: BYD) China’s behemoth BYD overtook Volkswagen as the best-selling car brand in China last year, the first time any carmaker outsold the German brand since at least 2008. That new data gives BYD a total market share in China of 11%, a rise of 3.2 BYD reported 2.4

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Battery revolution! Has Stellantis cracked the code for super-cheap EVs that will undercut ICE?

EV Central

Now the ink has dried it’s expected Stellantis will co-develop its own batteries with its French partner using its latest secret tech that’s claimed to slash battery weight by as much as 50 per cent while improving efficiency. But one thing is for sure, Stellantis better be quick.

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Toyota CEO steps down, opening up possibility of new EV strategy

Teslarati

Toyoda is known not only for his relation to the founder of the largest automotive company in the world, but also for taking the helm of CEO at Toyota after the market collapse of 2008 and guiding the company to where it is today. If you have news tips, email us at tips@teslarati.com ! Toyota plans $13.6B

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Volkswagen and Xpeng to roll out two new EVs, starting with an SUV

Baua Electric

The two automakers signed a “master agreement” for platform and software collaboration, and the two will start jointly sourcing platforms and vehicle parts to help leverage scale while cutting costs, Automotive News Europe reports. The purchase was completed in December. Get started here. FTC: We use income earning auto affiliate links.

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