article thumbnail

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

Green Car Congress

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). This marks a 6% drop from $140/kWh in 2020. On a regional basis, battery pack prices were cheapest in China, at $111/kWh.

Price 469
article thumbnail

EIA: US large-scale battery storage power capacity increased 35% in 2020

Green Car Congress

The United States continued a trend of significant growth in large-scale battery capacity, with US battery power capacity reaching 1,650 megawatts (MW) by the end of 2020. At the end of 2019, 163 large-scale battery storage systems were operating in the United States, a 28% increase from 2018.

2020 243
article thumbnail

LG Innotek develops 800V wireless battery management system

Green Car Congress

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
article thumbnail

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

Green Car Congress

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
article thumbnail

Panasonic and Mazda entering discussions on medium- to long-term partnership for automotive cylindrical Li-ion batteries

Green Car Congress

and Mazda Motor Corporation agreed to enter into discussions on establishing a medium- to long-term partnership to meet demand for battery EVs and automotive batteries in a rapidly expanding market. Automotive cylindrical lithium-ion batteries manufactured by Panasonic Energy: 1865, 2170, 4680. Panasonic Energy Co.,

Mazda 365
article thumbnail

Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

Green Car Congress

Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Global consumption of lithium in 2021 was estimated to be 93,000 tons, a 33% increase from 70,000 tons in 2020. Lithium is expected to trade at 484,185.00

Carbon 483
article thumbnail

2020-2022 Chevy Bolt EV owners: $1,400 instead of a new battery?

Green Car Reports

General Motors is offering 2020-2022 Chevrolet Bolt EV and EUV owners an early $1,400 payment for a class-action lawsuit settlement over the recalled EVs in exchange for installing diagnostic software the automaker plans to use to determine if cars need new battery packs.

2020 154