2020, Cost Of and Price

Milk and gasoline: the cost of the energy they provide to fuel our bodies and automobiles

Green Car Congress

OCTOBER 13, 2020

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 The average price of conventional (not organic) whole milk in September 2020 was $3.56 A cup of whole milk contains 150 Calories of energy.

Gasoline

Gasoline Cost Of Automobile Energy

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

Green Car Congress

SEPTEMBER 24, 2020

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.

Lithium Ion

Lithium Ion Cost Of Li-ion Batteries

Benchmark launches Li-ion Battery Raw Material Price Index

Green Car Congress

APRIL 16, 2022

Benchmark Mineral Intelligence has launched a Lithium-ion Battery Raw Material Price Index. Benchmark assembles the index using its market-leading price assessments including the IOSCO-accredited lithium, nickel, and cobalt prices. NCM Mid-Nickel (5, 6, and 7 series blends, e.g., NCM 523, NCM 622). Nickel sulfate (CIF Asia).

Li-ion

Li-ion Price Lithium Ion Nickel Lithium

NREL, INL team assesses levelized cost of light-duty EV charging in US in 2019

Green Car Congress

JUNE 22, 2020

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

Cost Of

Cost Of Light Charging 2019

EIA: US ammonia prices rise in response to higher international natural gas prices; up by a factor of 6 in two years

Green Car Congress

MAY 11, 2022

The US price of ammonia, the primary source of nitrogen fertilizer, has risen by a factor of six in the past two years, and most of these increases have occurred since March 2021, according to the US Energy Information Administration (EIA). Although US natural gas prices also rose, they ended the 2021–22 heating season at close to $5.00/MMBtu,

Price

Price International Gas United States

IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

Green Car Congress

DECEMBER 12, 2021

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. Investment slumped by 30% in 2020.

Price

Price Oil Asia Gas

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

Green Car Congress

FEBRUARY 19, 2021

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.

Electric Motorcycles

Electric Motorcycles Motorcycles 2020 Europe

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

Green Car Congress

MARCH 19, 2013

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

Cost Of 2020 Fuel CO2

Volvo Trucks’ D13 Turbo Compound engine now standard on all VNL models; 6% better fuel economy over 2020 engine

Green Car Congress

OCTOBER 8, 2021

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. Confidence continues to grow among Volvo Trucks North America customers as orders increase following the next-generation release of the D13TC engine in 2020.

Volvo

Volvo Engine Fuel Economy Economy

Navigant forecasts global natural gas fleet of 34.9M by 2020

Green Car Congress

JUNE 20, 2013

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.

2020

2020 Gas Fleet North America

Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications

Green Car Congress

NOVEMBER 25, 2020

In its new Lithium Outlook to 2030 report, Roskill notes that the prolonged downward trend for lithium compound and mineral concentrate prices has caused a difficult environment for many lithium producers since 2018. In 2019, monthly average lithium carbonate prices fell 36% between January and December. Source: Roskill.

Recharge

Recharge Li-ion Industrial Industry

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

Green Car Congress

MAY 20, 2020

BloombergNEF (BNEF) forecasts that sales of electric passenger vehicles will fall 18% in 2020 to 1.7 The COVID-19 pandemic is set to cause a major downturn in global auto sales in 2020. Electric models are seen accounting for 3% of global car sales in 2020, rising to 7% in 2023, at some 5.4 to global electricity demand by 2040.

2020

2020 Sale Market Cars

Tesla Model 3 price cuts puts new car cheaper than some used Model 3s

Teslarati

JANUARY 14, 2023

The Tesla Model 3 price cuts have put the cost of a new base Tesla Model 3 lower than that of some used Tesla Model 3s in some cities. due to the recent price cuts. The recent price cuts enable buyers to purchase a base Model 3 for $43,990, and with the EV tax credit, that price is further reduced.

Price

Price Tax Credit Tesla Tax

Lux: Tesla likely to miss 2020 vehicle target by >50%; Gigafactory to bring only modest reduction in costs, >50% overcapacity

Green Car Congress

SEPTEMBER 3, 2014

Lux Research’s new report—“ The Tesla-Panasonic Battery Gigafactory: Analysis of Li-ion Cost Trends, EV Price Reduction, and Capacity Utilization ”—projects sales of some 240,000 Tesla cars in 2020, leading to razor-thin margins to Panasonic and 57% overcapacity. Panasonic faces risks.

2020

2020 Li-ion Tesla Vehicles

IDTechEx: EV market doubles down on permanent magnets despite material costs

Green Car Congress

DECEMBER 3, 2022

With the continued global turmoil experienced over the past few years, the prices of almost everything are rising. 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 While the price has settled somewhat, in October 2022, it was still 2.4

Market

Market Motor Motors Motoring

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

Green Car Congress

AUGUST 6, 2022

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.,

Fuel

Fuel Vehicles PHEV Chevron

IDTechEx forecasts global production of electric LCVs to exceed 2.4M units annually by 2030

Green Car Congress

MARCH 2, 2020

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. Source: IDTechEx Electric Vans 2020-2030. million units annually by 2030. European Light Commercial Vehicle Sales 2018.

Global

Global Production North America 2020

IHS Markit: US oil production growth heading for a major slowdown, as capital discipline and weak prices play out

Green Car Congress

NOVEMBER 7, 2019

The new IHS Markit outlook for oil market fundamentals for 2019-2021 expects total US production growth to be 440,000 barrels per day (b/d) in 2020 before essentially flattening out in 2021. The combination of closed capital markets and weak prices are pulling cash out of the system. Modest growth is expected to resume in 2022.

Oil

Oil Price Oil Prices Production

EV Battery Cell & Pack Prices Dropping At Surprising Rate

Get Electric Vehicle

JANUARY 8, 2022

Battery prices have dropped dramatically over the years, and though there may be some fluctuations it appears that they will continue to do so at a rapid pace. According to Bloomberg New Energy Finance’s annual battery survey, annual battery pack prices fell 6% from 2020 to 2021. Prices in Europe are 60% higher.

Price

Price Batteries Battery Lithium Ion

How This Startup Cut Production Costs of Millimeter Wave Power Amplifiers

Cars That Think

OCTOBER 27, 2022

Diana Gamzina is on a mission to drastically reduce the price of millimeter-wave power amplifiers. The amplifiers can cost as much as US $1 million apiece because they’re made using costly, high-precision manufacturing and manual assembly. From those discussions, she found that lowering the price was key.

Cost Of

Cost Of Power Powered Production

The Next Oil Price Spike May Cripple The Industry

Green Car Congress

AUGUST 25, 2017

Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources. We will explain.

Oil Prices

Oil Prices Oil Industrial Industry

IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

Green Car Congress

MARCH 9, 2022

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. billion tonnes.

Emissions

Emissions Global Coal China

Battery capacity needs to power EVs in India from 2020 to 2035

Electric Vehicles India

SEPTEMBER 11, 2021

Battery capacity needs to power EVs in India from 2020 to 2035. Here in this article, we will be discussing the need for the battery capacity to power electric vehicles in India from 2020 to 2035. The average cost of battery cells has dropped remarkably in the last decade and reached an average price of US$102/kWh in 2020.

India

India 2020 Lithium Ion Power

OEMs shifting towards onboard chargers > 6 kW for EVs; lower output chargers to remain dominant through 2020

Green Car Congress

MAY 5, 2015

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.

2020

2020 DC PHEV Convert

EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Green Car Congress

APRIL 7, 2021

EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel. That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. million b/d from March 2020.

2019

2019 Fuel Coal Motor

Fisker Ocean electric SUV starts at $37,499, pre-tax credit; leases for $379/mo

Green Car Congress

JANUARY 6, 2020

Fisker is pricing its new Ocean electric SUV with an MSRP of US $37,499. After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US). More details on future Fisker models will be shared throughout 2020. —Henrik Fisker, chairman and CEO – Fisker Inc.

Tax Credit

Tax Credit Fisker SUV Tax

Tesla’s latest round of price increases make the base Model 3 a $42k vehicle

Teslarati

OCTOBER 6, 2021

While Tesla largely maintained its vehicle prices during the third quarter, the company has now started Q4 2021 with a new round of price increases. The new price increases affect the Tesla Model 3 and Model Y, the company’s two high-volume vehicles. Credit: Tesla. Credit: Tesla.

Price

Price Vehicles Tesla Standards

Tesla and the EV sector’s growth is driving up lithium, cobalt, and nickel prices

Teslarati

FEBRUARY 7, 2022

The momentum of EVs as a whole may hit some challenges soon, however, partly due to the rising prices of raw materials that are critical to the production of batteries. The prices of lithium-ion batteries have seen a 90% decline to just about $130 per kWh. Addressing A Supply Shortage. Don’t hesitate to contact us with news tips.

Price

Price Tesla Nevada Lithium Ion

Australia forecasts lithium export earnings of $16B in 2022-23, up from $5B in 2021-22

Green Car Congress

DECEMBER 24, 2022

Among the lithium-specific findings of the report: Spodumene prices are estimated to rise from an average of US$598 a tonne in 2021 to US$2,700 a tonne in 2022, and US$4,010 a tonne in 2023 before moderating to US$3,130 in 2024. The strong growth in spodumene prices that saw Australia’s export revenue reach a record $4.9

Australia

Australia South Korea Chile Argentina

Ford ups its electrified vehicle ante to $11B; 86% trucks and SUVs in the product mix by 2020

Green Car Congress

MARCH 16, 2018

Ford management gave an update on its product line plans, touting that by 2020, the company will offer “North America’s freshest lineup among all full-line automakers,” with its average showroom age dropping from 5.7 By 2020, trucks and SUVs—including electrified vehicles—are to represent 86% of Ford’s product mix.

F-150

F-150 2020 SUV Ford

McKinsey analysis indicates Li-ion pack prices could fall to $160/kWh by 2025; EV TCO competitive with combustion engine vehicles

Green Car Congress

JULY 12, 2012

A new analysis by the consultancy McKinsey & Company indicates that the price of a complete automotive lithium-ion battery pack could fall from the current $500–$600/kWh to about $200/kWh by 2020 and to about $160/kWh by 2025 (in real dollars, indexed to 2011). In the US, with gasoline prices at or above $3.50

Li-ion

Li-ion Price Engine Vehicles

2020's Top Ten Best EVs!

EVolution

NOVEMBER 19, 2020

As 2020 comes to a close, we have seen all the Australian market has to offer for electric vehicles, so we want to answer the question “What are the top 10 EVs of 2020?” We will be ranking vehicles on three factors, their real-world range, their price, and quite frankly, how cool they are! Tesla Model 3.

2020

2020 Hyundai Affordable Nissan

$10-Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

Green Car Congress

DECEMBER 30, 2015

On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion. The group expects oil prices to rise by an average of about $5 per year over the course of this decade, only reaching $80 per barrel in 2020. mb/d between 2020 and 2025, 3.3

Oil Prices

Oil Prices Oil Price Climate Change

Navigant forecasts US military spending on non-tactical alt drive vehicles to more than double to $926M by 2020 from 2013; 11.4% CAGR

Green Car Congress

JULY 5, 2013

Non-tactical vehicle spending by alternative drive type, US Department of Defense: 2013-2020. compound annual growth rate (CAGR) almost from more than 81 million gasoline gallon equivalents (GGEs) in 2013 to just fewer than 70 million GGEs in 2020 due in part to increased use of alternative fuel vehicles. Source: Navigant Research.

2013

2013 2020 Alternative Fuels Vehicles

Berkeley Lab researchers quantify how accumulation of high-value bioproducts in plants improves economics of biofuels

Green Car Congress

APRIL 7, 2020

engineering plants to produce valuable chemical compounds, or bioproducts, as they grow—affects biofuel selling prices. In the study, they present the range of bioproduct selling prices and accumulation rates needed to compensate for additional extraction steps and reach a target $2.50/gallon gallon minimum biofuel selling price.

Price

Price Cost Of Market Range

BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

Green Car Congress

AUGUST 7, 2020

After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. in 2020, it could rebound quickly to previous levels as soon as 2021, depending on the persistence and longevity of the pandemic.

Gas

Gas Global Industrial Industry

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Green Car Congress

APRIL 14, 2015

AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1 With greater U.S.

2020

2020 Energy Transportation Oil Prices

Lux Research: Cost of replacing a barrel of produced oil up 350% in 13 years

Green Car Congress

OCTOBER 1, 2012

With declining production from the world’s largest fields putting 12% of world oil production at risk, and oil prices in a range that justify large capital budgets, spending is expected to reach $300 billion by 2020 and $400 billion by 2033.

Oil

Oil Oil-Sands Cost Of Oil Prices

Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

Green Car Congress

NOVEMBER 2, 2010

Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 However, achieving such growth level will be dependent on two key factors: aggressive reductions in battery costs and rising gasoline prices. Earlier post.)

Financing

Financing Plug-in 2020 Plug

CMU study suggests difficulties in reaching targeted low price points for Li-ion batteries

Green Car Congress

DECEMBER 11, 2016

Their findings suggest that prismatic cells, which are able to further capitalize on the cost reduction from larger formats, can offer further reductions than those possible for cylindrical cells. However, none of these changes are sufficient to reach the DOE energy storage target of $125 kWh by 2020 , the study found.

Li-ion

Li-ion Lithium Ion Price Batteries

J.D. Power forecasts hybrid- and battery-electric vehicles will represent 7.3% of global auto sales in 2020

Green Car Congress

OCTOBER 28, 2010

Power forecast of hybrid-, plug-in hybrid- and battery-electric vehicle global sales through 2020. million units in 2020, or some 7.3% The report, titled “Drive Green 2020: More Hope than Reality” considers various factors affecting the future potential for “green” vehicles in the world’s largest automotive markets.

2020

2020 Global Electric Vehicles Hybrid

Syrah Resources completes BFS for expansion of US anode material production

Green Car Congress

DECEMBER 5, 2020

The BFS confirms strong positive economics for commercial scale natural graphite AAM production at Vidalia, with robust operating margins implied compared to current observed spot natural graphite AAM prices, which are arguably at the low point of the cycle.

Production

Production Mozambique USA China

Toyota to debut 2 BEVs, 1 PHEV for US this year; says research shows BEVs & PHEVs have similar environmental benefits

Green Car Congress

FEBRUARY 11, 2021

At every price point and with multiple powertrains, we can put more people in cleaner automobiles across North America to have the greatest near-term impact on total carbon emissions. Toyota shared highlights of new internal research evaluating the environmental impact and cost of ownership between a PHEV and a BEV.

PHEV

PHEV Toyota North America America

President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

JUNE 23, 2022

According to the US Energy Information Administration (EIA), as of 13 June 2022, the average price of US regular gasoline was $5.006 per gallon, up $1.937 from a year ago. (An The average price of US on-highway diesel was $5.718 per gallon, up $2.432 from a year ago. However, the cost of refining in other nations is currently higher.

Congress

Congress Fuel Tax Tax Fuel

Milk and gasoline: the cost of the energy they provide to fuel our bodies and automobiles

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

Benchmark launches Li-ion Battery Raw Material Price Index

NREL, INL team assesses levelized cost of light-duty EV charging in US in 2019

EIA: US ammonia prices rise in response to higher international natural gas prices; up by a factor of 6 in two years

IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

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

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

Volvo Trucks’ D13 Turbo Compound engine now standard on all VNL models; 6% better fuel economy over 2020 engine

Navigant forecasts global natural gas fleet of 34.9M by 2020

Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications

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

Tesla Model 3 price cuts puts new car cheaper than some used Model 3s

Lux: Tesla likely to miss 2020 vehicle target by >50%; Gigafactory to bring only modest reduction in costs, >50% overcapacity

IDTechEx: EV market doubles down on permanent magnets despite material costs

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

IDTechEx forecasts global production of electric LCVs to exceed 2.4M units annually by 2030

IHS Markit: US oil production growth heading for a major slowdown, as capital discipline and weak prices play out

EV Battery Cell & Pack Prices Dropping At Surprising Rate

How This Startup Cut Production Costs of Millimeter Wave Power Amplifiers

The Next Oil Price Spike May Cripple The Industry

IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

Battery capacity needs to power EVs in India from 2020 to 2035

OEMs shifting towards onboard chargers > 6 kW for EVs; lower output chargers to remain dominant through 2020

EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Fisker Ocean electric SUV starts at $37,499, pre-tax credit; leases for $379/mo

Tesla’s latest round of price increases make the base Model 3 a $42k vehicle

Tesla and the EV sector’s growth is driving up lithium, cobalt, and nickel prices

Australia forecasts lithium export earnings of $16B in 2022-23, up from $5B in 2021-22

Ford ups its electrified vehicle ante to $11B; 86% trucks and SUVs in the product mix by 2020

McKinsey analysis indicates Li-ion pack prices could fall to $160/kWh by 2025; EV TCO competitive with combustion engine vehicles

2020's Top Ten Best EVs!

$10-Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

Navigant forecasts US military spending on non-tactical alt drive vehicles to more than double to $926M by 2020 from 2013; 11.4% CAGR

Berkeley Lab researchers quantify how accumulation of high-value bioproducts in plants improves economics of biofuels

BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Lux Research: Cost of replacing a barrel of produced oil up 350% in 13 years

Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

CMU study suggests difficulties in reaching targeted low price points for Li-ion batteries

J.D. Power forecasts hybrid- and battery-electric vehicles will represent 7.3% of global auto sales in 2020

Syrah Resources completes BFS for expansion of US anode material production

Toyota to debut 2 BEVs, 1 PHEV for US this year; says research shows BEVs & PHEVs have similar environmental benefits

President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

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