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Pike Research forecasts automotive Li-ion battery prices to drop by more than 1/3 by 2017

Green Car Congress

According to a recent report examining batteries for electric vehicles from Pike Research, as manufacturing efficiencies improve and access to lithium expands, the installed cost of Li-ion batteries will fall by more than one-third by the end of 2017. billion by 2017, the market intelligence firm forecasts. —John Gartner. (In

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ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

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billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. billion oil-equivalent barrels at year-end 2017. During 2017, proved additions at Upper Zakum in Abu Dhabi totaled more than 800 million barrels of crude oil. Exxon Mobil Corporation added 2.7 Resource Base. ExxonMobil added 9.8

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Tesla Semi price at around $250,000 per unit: report

Teslarati

During the Semi’s unveiling in late 2017, Tesla estimated that the truck’s 300-mile version would cost $150,000 and its 500-mile variant would cost $180,000. Ayala further noted that the grants are designed to encourage companies to purchase zero-emissions vehicles like the Tesla Semi even if they cost a premium.

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CCM: LiPF6 industry in China may face overcapacity in 2017

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Soaring prices for and profits from LiPF 6 —lithium hexafluorophosphate, the dominant Li-salt used in electrolytes in commercial rechargeable lithium-ion batteries (LIBs) based on a graphite anode and a 3–4 V cathode material—has encouraged enterprises in China to expand LiPF 6 production while also attracting new players.

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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

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Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins.

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Study: gasoline is more important than healthcare for Americans

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According to a study by GasBuddy, a smartphone app connecting drivers with the Perfect Pit Stop, the necessity, perception, and price of gasoline adversely impacts Americans across all age groups and income brackets, with 86% of Americans depending on gasoline for their everyday lives. Yet, it is a major necessity for millions of Americans.

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Navigant Research expects 2017 sales of plug-in electric vehicles in N America to be 50% greater than in 2016

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According to a new report from Navigant Research ( Market Data: EV Geographic Forecasts ), 2017 sales of PEVs in North America are on track to be 50% greater than in 2016. Beyond 2017, sales are likely to continue to grow, but the rate of growth will slow. California continues to lead the United States with strong PEV penetration.

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