article thumbnail

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.

article thumbnail

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

Green Car Congress

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.

article thumbnail

Study finds technology cost of achieving European 2020 LDV CO2 targets more than offset by resultant fuel savings

Green Car Congress

Provisional 2030 economic impact of achieving the 2020 targets in the two Phase I scenarios—Current Policy Initiatives and Tech 1— compared to baseline. In the second scenario, Tech 1, cars and vans achieve slightly higher efficiency levels in 2020 and continue along a similar trajectory of around 3% annual improvement.

Cost Of 261
article thumbnail

IDTechEx: Sales of electric motorcycles in Europe grew 50% y-o-y in 2020

Green Car Congress

IDTechEx expects electric motorcycle sales in Europe to have grown at least 50% year-on-year in 2020, building on the momentum of recent years. 2020 is an IDTechEx estimate based on Q1 - Q3 2020 data. 2020 is an IDTechEx estimate based on Q1 - Q3 2020 data. Source: ACEM, IDTechEx.

article thumbnail

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. million tonnes to be achieved in 2020. billion) over the next 5-6 years.

2020 338
article thumbnail

cost of Electric vehicles are going to available for petrol vehicle cost.

Electric Vehicles India

The Union Minister of Road Transport and Highways Nitin Gadkari has mentioned that the cost of Electric vehicles are going to be available for the petrol vehicle cost and the statement was addressed at an event. Within a year Electric vehicles are going to be equal to the cost of petrol vehicles in the Indian market.

Petrol 69
article thumbnail

Frost & Sullivan: inductive (wireless) EV charging to grow with 126.6% CAGR 2012-2020

Green Car Congress

from 2012 to 2020, with approximately 351,900 units likely to be sold. The market for inductive charging will grow the fastest in Europe, owing to a number of demonstration projects conducted by government bodies, OEMs, and charging station manufacturers. Inductive charging will account for 1.2% in Europe, according to the report.

2020 321