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BNEF: net-zero road transport by 2050 still possible, but big push needed

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The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO). million sold in 2021 to 21 million in 2025.

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Large differences among the recent increases in the cost of powering gasoline, diesel, and electric vehicles

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This post examines the recent changes in the costs of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. The table below shows all available average monthly prices for 2022. Month (2022). Electricity. $/g.

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DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

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A new study published by US Department of Energy’s (DOE) Argonne National Laboratory offers the most complete understanding yet of the costs of owning and operating a vehicle, and how those costs vary by powertrain, from the conventional to the cutting-edge. Overall, hybrid electric vehicles tend to be the lowest-cost powertrain.

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Joint Office of Energy and Transportation establishes new EV working group

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The US Department of Energy (DOE) and US Department of Transportation (DOT) Joint Office of Energy and Transportation (Joint Office) announced the members of the Electric Vehicle Working Group (EVWG), a collection of EV industry experts and leaders who will help guide the widespread adoption of EVs across the country.

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BNEF: cost of new renewables rises as inflation starts to bite

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The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. More recently, labor costs started to rise.

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Fraunhofer analysis finds battery-electric trucks have energy cost advantage over hydrogen trucks

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In a recent analysis, Fraunhofer ISI concludes that battery-electric drives will become established in heavy-duty applications in the commercial vehicle sector and that fuel cells will remain a niche application. The decisive factor for the switch to battery-electric vehicles is the energy cost advantage compared to hydrogen and diesel.

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Faradion receives first order for sodium-ion batteries for Australian market

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the leader in sodium-ion (Na-ion) battery technology, has received its first order from ICM Australia for high-energy sodium-ion batteries for use in the Australian market. Unlike lithium-ion batteries, Faradion’s sodium-ion batteries have exceptional thermal stability and safety. UK-based Faradion Ltd.,

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