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Solid state Batteries v/s Li-ion Batteries: A Comparison Based on Cost

Get Electric Vehicle

  As for any novel technology, the cost to develop, manufacture and integrate remains one of the deciding factors in the mass adoption and acceptance of these technologies. To better understand the severity of the cost component, let us look at the cost comparison between Solid state and Li-Ion batteries.

Li-ion 75
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New Ricardo 48V electric motor aims to boost power and cut costs of hybrids; up to 50% increase in power density; ECOCHAMPS

Green Car Congress

Ricardo designed the new 48V e-motor and accompanying inverter to incorporate the latest thinking in high-performance, low-cost electrification, which aims to extend the performance of 48V hybrids to offer a more attractive and affordable solution in comparison with today’s higher-voltage hybrid cars.

Cost Of 225
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EPRI: lifetime cost of ownership of plug-ins is roughly comparable with conventional vehicles

Green Car Congress

The baseline analysis relies on a cost-of-ownership model that examines only current vehicles; current fuel prices; and a relatively conservative set of customer values. In particular, the report analyzes the Chevrolet Volt and Nissan LEAF in comparison with a limited set of current conventional and hybrid vehicles.

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Tesla Model Y RWD now available in South Korea

Teslarati

In comparison, the Model Y RWD from Gigafactory Shanghai is sold in China for ¥263,900 , or about $37,000 before options. While the Model Y RWD is offered at a premium in South Korea compared to the vehicle’s price in China, its starting price is pretty close to the cost of the United States’ most affordable Model Y variant.

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How Are EVs Part of Environmental Justice?

Clean Fleet Report

For starters, those with the least income are unlikely to be able to afford to purchase a new car, let alone a Tesla. Additionally, many states and localities offer their own financial and other incentives to help low-income individuals afford the transition to an EV. Meanwhile, the cost of EVs continues to go down.

Parts 78
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Ricardo develops new model-based EV battery control technology; evaluating new cell chemistries

Green Car Congress

One of the most significant impediments to an increased market share for plug-in vehicles is the high cost of rechargeable energy storage. This can represent a very significant cost element of a typical battery electric vehicle (BEV); manufacturers need to strike a balance between product affordability and available range between recharges.

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Feature: Are Eco-Friendly Cars Expensive to Own?

Clean Fleet Report

Despite higher upfront costs, eco-friendly vehicles are better for not only the planet, but also your wallet. A study conducted by a team at the Massachusetts Institute of Technology (MIT) compared the lifetime costs of owning a gas-powered vehicle versus that of owning an eco-friendly vehicle. Hybrids and EVs can cost you less.