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DOE estimates EV battery pack costs in 2022 nearly 90% lower than in 2008

Green Car Congress

The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). The decline in cost is due to improvements in battery technologies and chemistries, and an increase in manufacturing volume. Source: DOE.

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2018 Tesla Model 3: Total Cost Of Ownership After Five Years And 70,000 Miles

InsideEVs

Fuel cost was among the lowest of costs – a third of what the owner spent on insurance.

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Amogy presents retrofitted 2018 Freightliner Cascadia powered by ammonia-to-power system

Green Car Congress

Liquid ammonia has an energy density that is approximately three times greater than compressed hydrogen and it requires significantly less energy, making it cost-effective to store and transport.

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Study estimates fuel economy improvements to US light-duty vehicles from 1975–2018 saved 2T gallons of fuel, 17B tons of CO2

Green Car Congress

These cumulative fuel savings translate into fuel cost savings of $4.9 Second, the full effects of fuel economy improvements are conditional on how consumers value fuel economy in their vehicle purchase decisions and whether the improvements made have been cost effective or not. light-duty vehicles over the past 15 years.

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INRIX: congestion costs each American 97 hours, $1,348 a year

Green Car Congress

published the 2018 Global Traffic Scorecard that identified and ranked congestion and mobility trends in more than 200 cities, across 38 countries. According to the study, Americans lost an average of 97 hours a year due to congestion, costing them nearly $87 billion in 2018, an average of $1,348 per driver. INRIX, Inc.

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Adamas: 93% of all xEVs sold in 2018 used permanent magnet traction motors

Green Car Congress

In 2018, 93% of all passenger BEVs, PHEVs and HEVs sold globally used permanent magnet (PM) traction motors, an increase of 1% over 2017 penetration rates, according to a model-by-model build-up using Adamas Intelligence’s “ EV Motor Power and Motor Metals Tracker ”.

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Upstream Security: cyber hacks could cost auto industry $24 billion within 5 years

Green Car Congress

Cyber hacks might cost the auto industry roughly $24 billion within five years, according to a new study by Upstream Security , which specializes in cloud-based security protection. Just one cyber-hack can cost an automaker $1.1 billion, while we are seeing that the cost for the industry as a whole could reach $24 billion by 2023.