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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

A rugged, injection-molded thermoplastic polymer exterior provides an optimized structure into which the electrodes are inserted—the Z3 design requires just 20 of them—minimizing materials, manufacturing, and maintenance while eliminating the risk of any external leaking.

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Car leasing market to cross 1 lakh units per annum in 3 years, says Mohammed Turra of Quicklyz | Autocar Professional

Baua Electric

Quiklyz, the leasing arm of Mahindra Finance expects the vehicle leasing market to grow at double the pace of car sales growth and cross the 1 lakh units mark in the coming three years. Mahindra Finance wanted to capture the entire finance journey in mobility ownership.

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Mercedes-Benz will offer electric drive on all commercial van lines; electric eVito now available to order, eSprinter in 2019

Green Car Congress

This will start with the mid-size eVito, with deliveries commencing in the second half of 2018. The exclusive pre-ordering phase for the mid-size van begins today in Germany, with market launch scheduled for the second half of 2018. The higher purchase price is offset by lower energy and maintenance costs as well as tax savings.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

Bloomberg New Energy Finance estimates battery cost will decline by almost 10% until 2025, when ZEVs will reach price parity with ICE vehicles. As of January 2018, California had a total of 16,549 public and nonresidential private-sector charging outlets. Performance: Battery range has been increasing annually. This works out to 0.05

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

Navigant’s analysis indicates that only buyers in California and Oregon will purchase sufficient numbers of vehicles in order to meet the ZEV requirement in 2018 and 2019. By 2022, not even California will meet the 10% ZEV requirement. Tesla Motors will have a bumpy year.

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Price Parity is Not the Key to EV Adoption in the US

EV Adoption

According to a price survey conducted by BloombergNEF , automakers soon will be producing models that are “as affordable—and as profitable—as comparable combustion engine models, and without the help of tax subsidies.” Source: Bloomberg New Energy Finance.

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