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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

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Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). All prices are in real 2021 $, unless stated as nominal.) This marks a 6% drop from $140/kWh in 2020.

Price 469
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Kawasaki Heavy taps Corvus Energy for batteries for first all-electric tanker

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Kawasaki Heavy Industries has selected Corvus Energy to supply the energy storage system (ESS) for the first zero-emissions electric “e5 tanker” currently under construction for Asahi Tanker Co., The battery-powered vessel was designed by e5 Lab Inc., set up to build infrastructure services focused on electrically powered vessels.

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LG Innotek develops 800V wireless battery management system

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LG Innotek has developed a Wireless Battery Management System (Wireless BMS) that improves battery performance. of a battery to optimize its performance and life span. Removing the dozens of cables and connectors required for a BMS reduces both the weight and volume of a battery pack.

Batteries 396
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XALT Energy batteries powering MCI all-electric passenger coach

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XALT Energy is powering the US’ first, long-distance, all-electric passenger coach in tests with private and public transportation providers in the United States. NFI), to supply ultra-high energy lithium-ion battery packs for its zero-emission, MCI D45 CRTe LE CHARGE long-distance motor coach. Fuel cells.

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NIO launches Battery as a Service (BaaS) in China; battery swap system

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Premium EV manufacturer NIO has launched Battery as a Service (BaaS) for customers in China. NIO BaaS users can purchase a car without the battery, making EVs more price competitive against existing powertrains, while also providing the flexibility to change battery capacity depending on their needs and pay accordingly.

China 508
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Adamas Intelligence: record 286.2 GWh deployed onto roads in passenger EV batteries in 2021; up 113% y-o-y

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GWh of passenger EV battery capacity was deployed onto roads globally in 2021—a 113% increase over 2020—as battery-electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) sales surged year-over-year, according to Adamas Intelligence. A record 286.2 —Adamas Intelligence.

Batteries 414
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Cal ISO: California grid battery storage increased nearly 20x since 2019 to 5,000MW; projected to hit 52,000 MW by 2045

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According to the California Independent System Operator, battery storage capacity in the state has increased by nearly 20 times since 2019—from 250 megawatts (MW) to 5,000 MW. Today’s fleet of storage resources can capture enough electricity to power up to 5 million California homes. compared to 2020.