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

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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

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

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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. million barrels per day.

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

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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. to design the vehicles from the ground up.

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

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

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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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IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

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IDTechEx’s latest master electric vehicle report “ Electric Vehicles: Land, Sea & Air 2022-2042 ” finds 35.7 million electric vehicles (EV) were sold in 2021 and predicts this will rise to more than 74 million by 2030. Source: IDTechEx - “Electric Vehicles: Land, Sea & Air 2022-2042”.

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