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

Green Car Congress

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.

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Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

Battery costs are declining quickly, but even Tesla still lists its 300-mile Semi variant with an estimated starting price of $150,000. The bill allocates $369 billion for programs that help fight climate change and preserve the environment, and it also includes a number of revamped EV tax credits.

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Kia surprisingly tops Hyundai in market value with affordable EVs rolling out

Baua Electric

For the first time since 2001, Kia surpassed Hyundai in market value with new affordable EVs rolling out this year. Despite a “difficult business environment” expected this year, Kia plans to keep the momentum up by launching new lower-cost EVs. The new EV3, EV4, and EV5 will be priced between $20,000 and $50,000. trillion won).

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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. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD. Honda already scrapped plans to build affordable EVs with GM, citing a “changing business environment.”

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General Fusion advances with fabrication of at-scale fusion vessel trial ring

Green Car Congress

The fusion demonstration machine will create fusion conditions, including achieving a temperature of 100 million degrees Celsius in a power-plant-relevant environment. Its results will provide the information needed to design and build a commercial pilot plant that generates electricity at an affordable price.

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Tesla Model 3, Model Y gets $1k price increase & new free paint option

Teslarati

Tesla has raised the price of the Model 3 and Model Y by $1,000 in a fresh round of price adjustments. With the recent round of price increases in place, the Model 3 RWD (previously the Model 3 Standard Range Plus) is now priced at $44,990 before options. “That has increased demand for service.

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