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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. By keeping these manufacturing jobs in the U.S.,

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Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

Green Car Congress

US subsidies for fuels and renewable energy, 2002-2008. The study, “Estimating US Government Subsidies to Energy Sources: 2002-2008”, found that fossil fuels benefited from approximately $72 billion over the seven-year period, while subsidies for renewable fuels totaled $29 billion. Nuclear was not included in the analysis.

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Drive Electric Earth Month Launches April 1 with 172 Events

Plug in America

With more EVs on the streets and new changes to the federal tax credit allowing for instant discounts at the dealership, we’ve seen more people curious about EVs and making the switch.” To learn more and RSVP for an event, visit DriveElectricEarthMonth.org.

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USDA Long-Term Projections See Ongoing But Slower Growth in Corn Use for Ethanol

Green Car Congress

While expansion in the ethanol industry will continue over the next ten years, there will be slower growth for corn-based ethanol, largely reflecting moderate growth in overall gasoline consumption in the United States, according to the US Department of Agriculture’s (USDA) Long-Term Agricultural Projections released on 12 Feb.

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EU Imposes Temporary Import Duties on US Biodiesel

Green Car Congress

The European Union is imposing temporary anti-dumping and anti-subsidy duties on imports of biodiesel from the United States. The EC launched an investigation into US biodiesel on 13 June 2008 following complaints received from EU industry. Both credit mechanisms apply without limitation in terms of biodiesel content.

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Darling International and Valero Considering Forming a Joint Venture for Renewable Diesel

Green Car Congress

ConocoPhillips suspended the project in fall 2008 due to the deteriorating economy and a loss of federal tax credits. is the largest publicly traded, food processing by-products recycling company in the United States. Tyson is continuing ahead with a second renewable diesel venture with Syntroleum in Louisiana.

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Easy as A123

Plug In Partners

snip At an initial 40 mile module installed price of $10,000 supported with a $3500 tax credit , the payback period for a fleet owner with $3.00/gallon Here is a significant announcement by David Vieau , CEO of A123 Systems. gallon gas is 2.5 years , against an expected life of 10 or more years.