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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). All prices are in real 2021 $, unless stated as nominal.) At the cell level, average BEV prices were just $97/kWh.

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CATL moves to improve its battery tech in Chinese EVs

Teslarati

Limited (CATL) aims to improve battery technology in Chinese vehicles and increase cell production in China. Recently, the Chinese battery supplier announced plans for its first plant in Beijing to supply Li Auto and Xiaomi’s electric vehicles (EVs). CATL will supply batteries to Li Auto and Xiaomi. fast charging.

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CATL and BYD target 50% battery price cut this year to make EVs affordable – ET Auto

Baua Electric

This initiative is expected to bring down the price of its VDA specification lithium iron phosphate battery cells to RMB 0.4 This initiative is expected to bring down the price of its VDA specification lithium iron phosphate battery cells to RMB 0.4 RMB per Wh, significantly lower than previous prices.

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It’s another Chinese Tesla Model Y crusher! Meet the 2024 fast-charging long-range Onvo L60

EV Central

Rising Chinese car-maker Nio has launched Onvo, the first of two new electrified brands it has created to battle mainstream car-makers such as Tesla and Volkswagen. Priced from just $45,500 in China, the Onvo L60 costs 12 per cent less than the Model Y. 2024 Onvo L60. Then there is its ultra-fast charging. 2024 Onvo L60 launch.

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Target BYD Atto 3! China’s Chery Omoda E5 wants a big slice of the affordable electric SUV action

EV Central

That’s the task BYD’s rival Chinese brand Chery has set its incoming Omoda E5 electric compact SUV. On-sale from July, the Omoda E5 will be the first battery electric model brought into Australia by Chery since it launched here in early 2023. seconds, it has a WLTP range of 430km from a 61kWh battery. Both get a 12.3-inch

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BYD produces 200K units of its most affordable EV 

Teslarati

The BYD Seagull made headlines as one of the most affordable electric vehicles on the market. It debuted at the Shanghai Auto Show in April 2023 with a price tag of $11,300 in China. In 2021, news spread that Tesla might use BYD’s ultra-safe Blade battery for vehicles made in Giga Shanghai.

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Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Baua Electric

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. Sources at Nissan said the automaker may discuss joint battery and vehicle development with Honda. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD.

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