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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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Fiat Chrysler and Italian grid operator Terna partner on V2G trials

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The CEO and General Manager of Terna, Luigi Ferraris, and the Chief Operating Officer of Fiat Chrysler Automobiles (FCA) in EMEA, Pietro Gorlier, signed a Memorandum of Understanding for the joint trialing of sustainable mobility services and technologies such as Vehicle-to-Grid (V2G).

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UPS-led SEUL consortium switches on smart-grid fleet charging solution in London; maxing out on EVs without expensive grid upgrades

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A UPS-led consortium has deployed new smart-grid charging technology in London that overcomes the challenge of simultaneously recharging an entire fleet of electric vehicles (EVs) without the need for the expensive upgrade to the power supply grid. in 2016.

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DOE releases Energy Storage Grand Challenge Roadmap; 44% reduction in manufactured cost for 300-mile EV pack by 2030

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Announced in January 2020 by US Secretary of Energy Dan Brouillette, the Energy Storage Grand Challenge (ESGC) seeks to create and sustain American leadership in energy storage. This is why the US Secretary of Energy announced the Energy Storage Grand Challenge in January 2020.

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California agencies release report charting path to 100% clean electricity; need to triple grid capacity by 2045

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Highlights from the report include the following: To reach the 2045 target while electrifying other sectors to meet the state’s economy-wide climate goals, California will need to roughly triple its current electricity grid capacity. A clean electricity grid is necessary to achieve economywide carbon neutrality.

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Argonne releases new cradle-to-grave lifecycle analysis of US LDV vehicle-fuel pathways

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The study provides a comprehensive analysis of the cost and greenhouse gas (GHG) emissions of a variety of vehicle-fuel pathways; the levelized cost of driving (LCD); and the cost of avoided GHG emissions. It is hard to overstate the importance of the improvements in battery costs on this analysis.

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

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Electric vehicle technology is rapidly improving with battery, charging and smart grid advances that allow us to specify our delivery vehicles to eliminate emissions, noise and dependence on diesel and gasoline. The new trucks will join UPS’ Rolling Lab, a growing fleet of more than 9,000 alternative fuel and advanced technology vehicles.

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