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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. Cost is the name of the game.
The data collected by FMCSA shows a surge in losses of authority for motorcoach operators in 2020, which means these companies are no longer providing transportation—in some cases forever. Nearly 72% of these losses of authority occurred between April and August 2020, during the height of the pandemic.
Cumulative natural gas vehicles in use by segment, world markets: 2013-2020. million by 2020. The increase is largely driven due to a combination of low-cost natural gas and sustained higher prices for gasoline and diesel in many countries, Navigant suggests. Source: Navigant Research. Click to enlarge.
In an open-access report in the journal Environmental Pollution , researchers from UCLA and the University of Chicago estimate that California’s wildfire carbon dioxide equivalent (CO 2 e) emissions from 2020 (~127 mmt CO 2 e ) are approximately two times higher than California’s total greenhouse gas (GHG) emission reductions since 2003.
Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. This has led the company to deploy a growing fleet of XCIENT Fuel Cell trucks, the world’s first mass produced fuel cell electric heavy-duty truck, in Switzerland starting in 2020, which now has achieved a cumulated range of 3.5
A new report from Frost & Sullivan, “Strategic Analysis of Inductive Charging for Global Electric Vehicles (EV) Market,” finds forecasts the total market for inductive (wireless) charging will experience a compound annual growth rate of 126.6% from 2012 to 2020, with approximately 351,900 units likely to be sold.
This brief analysis examines the relative cost of the energy from milk and gasoline. The average price of conventional (not organic) whole milk in September 2020 was $3.56 Therefore, the cost of 1,000 Btu from conventional whole milk was $0.37. The average price of regular gasoline in September 2020 was $2.183 per gallon.
Solid-oxide-fuel-cell manufacturer Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. The Bloom Energy Servers are a proven market leader in clean, reliable, and resilient on-site power.
A team from the National Renewable Energy Laboratory (NREL) and the Idaho National Laboratory has produced a detailed assessment of the current levelized cost of light-duty electric-vehicle charging (LCOC) in the United States, considering when, where, and how EVs are charged. kWh); however, costs vary considerably (e.g., from $0.08/kWh
billion to decarbonization in 2020, beating the previous year by 9% despite the economic disruption caused by the Covid-19 pandemic. billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Investment in public charging hit $4.1
BloombergNEF (BNEF) forecasts that sales of electric passenger vehicles will fall 18% in 2020 to 1.7 The figures, if realized, have major implications for oil and electricity markets. The COVID-19 pandemic is set to cause a major downturn in global auto sales in 2020. million barrels per day. million units.
The price of neodymium has remained fairly constant from 2013-2020, but 2022 saw a very sharp rise to its peak in February at 3.8 times higher than it was between 2013-2020. While some automakers have alternative motor technologies that don’t rely on rare earths, the market has not shifted in this direction significantly.
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. Source: ACEM, EAFO, IDTechEx.
While cobalt prices have shown positive signs of late, there are nuances within the market which highlight the key fundamentals that will likely decide cobalt’s future price trend—which is taking its cues less and less from the industrial metal supply chain, according to a new report from Benchmark Mineral Intelligence.
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.
Their meteoric rise will lead to much greater demand for several materials markets which otherwise would see only modest growth. For each, a granular breakdown is used to forecast each material required and its market value over the next 10 years. The Chinese electric car market was, up until 2018, predominantly using LFP cathodes.
The US Department of Energy announced up to $64 million in funding ( DE-FOA-0002229 ) to advance innovations that will build new markets for the H2@Scale initiative ( earlier post ). Concept papers are due 25 February 2020 and full applications are due 20 April 2020.
Q1 2020 saw monthly average prices fall further to less than US$7,000/t Li 2 CO 3 for the first time since 2014, eroding price increases caused by forecast strong demand growth in the lithium-ion battery industry and uncertainty over future supply. In 2019, monthly average lithium carbonate prices fell 36% between January and December.
As of 2020, Rolls-Royce will launch a range of completely integrated MTU hybrid ship propulsion systems onto the market. The lower operating costs of hybrid propulsion systems are also of distinct benefit to operators. Rolls-Royce is planning to test a new MTU hybrid system incorporating Series 2000 engines in a yacht in 2019.
In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030. Regional Market Variations.
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. Cost assessments represent a final cost/price to the consumer, excluding taxes on the final product (e.g.,
Korea-based SK innovation has invested $30 million in ammonia-based fuel cell startup Amogy ( earlier post ); the two also signed a memorandum of understanding (MoU) on technical cooperation, and agreed to cooperate to develop ammonia-based fuel cell system technology and expand the market. —half that of liquid hydrogen ($3.4).
The presentation of results was made by Dr. Petronela Gotcu, manager R&D Cells and Dr. Hilmi Buqa, vice president R&D Cells, Leclanché, at the International Battery Production Conference 2020 Braunschweig, Germany, held online this year from November 2 - 3. 1C/1C continuous for a 100% DoD at room temperature conditions.
In December 2020, HyPoint was named a winner of NASA’s iTech Initiative, in which breakthrough technologies were ranked based on criteria that included technical viability, benefits to humanity, and commercialization potential. It will also feature up to 1,500 Wh kg -1 of energy density, enabling longer-distance journeys.
In a new report, “ Electric Vans 2020-2030 ”, UK-based IDTechEx forecasts that global production of electric LCVs will exceed 2.4 Source: IDTechEx Electric Vans 2020-2030, ACEA. IDTechEx says that the light commercial vehicle market is uniquely positioned to rapidly transition to electric vehicles.
TotalEnergies made a previously made a direct investment in Hyzon through its venture arm, TotalEnergies Ventures in 2020, to help fund the buildout of Hyzon’s manufacturing and engineering centers in the United States, Europe and China. The MoU strengthens the existing commercial relationship.
The enhanced D13 Turbo Compound (D13TC) engine from Volvo Trucks is now standard on all Volvo VNL models, providing enhanced fuel efficiency and reducing overall cost of ownership. In Europe and other key markets, the D13TC engine has exceeded expectations and has proven to be fuel efficient, reliable and popular with drivers.
According to recent studies, the global green hydrogen market size was valued at US$0.3 billion in 2020. According to a report from S&P Global Commodity Insights, the cost of electrolytic hydrogen from renewable energy spiked as high as $16.80/kg It is growing at a CAGR of 54.7% from 2021 to 2028 and is projected to reach US$9.8
The financial objective is to achieve a cost of no more than €90/kWh at the pack level when entering commercial production. Pack 3C fast charging capability. 50% pack weight reduction.
Syrah intends to initially expand natural graphite AAM production capacity at Vidalia to 10ktpa, and then increase in line with growing market demand. To this end, the BFS assessed both the initial market entry 10ktpa plant size, and a larger scale 40ktpa plant. 3D model of Vidalia 10kt per annum expansion.
CASE has the capability to produce additional units throughout 2020 before ramping up production to meet greater demand in following years. Some utilities and contractors are incentivized to deploy electric equipment and vehicles in their fleets, providing even greater financial benefit and further lowering the total cost of ownership.
Allison first launched its eGen Power 100D in 2020 and has since spent time validating and, where necessary, refining the e-Axle with most of the major OEMs in North America. This e-Axle features two electric motors, each capable of generating greater than 200 kilowatts of continuous power, with peak combined power of 648 kilowatts.
billion)—will continue to develop a portfolio of fuel cell and hydrogen technologies to the point of market introduction. The EU expected contribution for the FCH JTI will come from the Horizon 2020 programme budget. Markets, products and policies, by developing markets for bio-based products and improving policy frameworks.
China was the only major economy to experience economic growth in both 2020 and 2021. The numbers make clear that the global economic recovery from the COVID-19 crisis has not been the sustainable recovery that IEA Executive Director Fatih Birol called for during the early stages of the pandemic in 2020.
The new index allows users to accurately track real-world movements in lithium-ion battery raw material prices relative to key cathode types within the supply chain and to track the shifting cost structure of a key component of cathode and cell supply contracts. NCM Mid-Nickel (5, 6, and 7 series blends, e.g., NCM 523, NCM 622).
The report underlines concerns about the stability of global energy markets in the wake of the COVID-19 pandemic and follows a decision by several countries including the United States, Japan and India to release strategic petroleum reserves to cool prices. Investment slumped by 30% in 2020.
Toyota Motor North America (TMNA) plans to debut three new electrified models—two BEVs and a PHEV—in the US market this year. Toyota currently has more than 40% share of the total alternative fuel vehicle market, which includes a 75% share of the fuel cell market and a 64% share of hybrids and plug-ins.
Volume produced will be marketed by each shareholder based on their respective shareholding in the project. Our decision to carry out our lithium project in Argentina is in line with the dynamic of strong market growth. 3,500/t LCE EXW), with large-scale drainable resources (nearly 10 Mt LCE).
Tesla is creating the Gigafactory to enable a continuous reduction in the cost of its long range battery packs in parallel with manufacturing at the volumes required to enable it to meet its goal of advancing mass market electric vehicles. The Gigafactory is planned to produce 35 GWh of cells and 50 GWh of packs per year by 2020.
The first of three new GreenPower EV Star shuttles will be put into service beginning Monday, 15 Jun 2020 as part of Electrify America’s more than $40 million Green Cities investments in Sacramento. Electrify America fully subsidized the costs of the shuttles, the DC fast-charging infrastructure to support them, and the retrofit costs.
I have been working on this pickup program for years and believe the market is now ready for something that can handle a full day’s worth of work without running out of energy. The program will help drive down the cost of the fuel-cell components on our semi-truck while accelerating the hydrogen station rollout.
Another subsidiary in Silicon Valley will follow in 2020. As a center of excellence for autonomous driving from Level 4 up, VWAT will serve to build up know-how within the Group and bring a self-driving system (SDS) to market maturity. A further subsidiary is planned in China in 2021. —Alexander Hitzinger.
ABC Companies, a leading provider to the motorcoach, transit and specialty passenger transportation market in the United States and Canada, will soon be the first to offer a motorcoach-diesel-to-electric-repower program for North American operators. The repower kits are engineered by Lightning eMotors and will be installed by ABC technicians.
kW are expected to remain dominant, accounting for 62% of sales even in 2020, according to new analysis from Frost & Sullivan. The report, Strategic Analysis of the US and European Onboard Chargers Market , finds that sale volumes of onboard chargers stood at 304,683 units in 2014 and estimates this to reach 2,235,937 units by 2020.
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