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IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

Green Car Congress

The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit.

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Lightning eMotors delivers first all-electric motorcoach to ABC Companies; order for 200 ZEVs

Green Car Congress

Lightning eMotors, a leading provider of commercial electric vehicles for fleets, announced a $45-million order for its zero-emission powertrain systems from Faribault, Minnesota-based motorcoach supplier ABC Companies. The T2145e electric motor coach undergoing final testing in Colorado. —Roman Cornell.

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BMW Group plans > €30B on future-oriented technologies up to 2025; all-electric 7 Series model coming

Green Car Congress

We have set ourselves clear targets for 2020. All measures and initiatives implemented in conjunction with Performance > NEXT are taking us in the right direction. By the end of 2021, the company intends to have more than one million vehicles with all-electric or plug-in hybrid drivetrains on the roads.

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BNEF: EV sales to fall 18% in 2020, overall car market by 23% in response to health and economic crisis

Green Car Congress

BloombergNEF (BNEF) forecasts that sales of electric passenger vehicles will fall 18% in 2020 to 1.7 BNEF’s latest annual Long-Term Electric Vehicle Outlook shows electric models accounting for 58% of new passenger car sales globally by 2040, and 31% of the whole car fleet. to global electricity demand by 2040.

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Fisker names its all-electric SUV Ocean; unveils app-based leasing program

Green Car Congress

revealed the name of its upcoming all-electric luxury sports utility vehicle: Fisker Ocean. The all-electric SUV will come standard with an extended range (target of approximately 250 to 300 miles, depending on driving conditions), enabled by an approx. And we take care of all the service and maintenance.

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UPS collaborating with Workhorse to deploy 50 electric trucks; rivaling acquisition cost of conventional; no subsidies

Green Car Congress

UPS plans to deploy 50 plug-in electric delivery trucks that will be comparable in acquisition cost to conventional-fueled trucks without any subsidies—an industry first that would breaki a key barrier to large scale adoption of electric fleets. Modec fully electric vehicle with a cab forward design used in London.

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India adopts National Electric Mobility Mission Plan 2020; 6-7M electrified vehicles by 2020, total investment up to $4.1B

Green Car Congress

India’s National Council for Electric Mobility (NCEM) has adopted the National Electric Mobility Mission Plan 2020 (NEMMP 2020), which is the mission document for National Mission for Electric Mobility (NMEM). million tonnes to be achieved in 2020. in 2020 as compared to a status quo scenario.

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