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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

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Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. Power EV Index score for availability climbed sharply to 39.4 (on Power EV Index.

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TEPCO and Toyota develop stationary storage battery system using EV batteries

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Tokyo Electric Power Company Holdings, Inc. TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO’s operating technology and safety standards for stationary storage batteries and Toyota’s system technology for electrified vehicle storage batteries.

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Proterra battery technology to power Lightning eMotors Electric Transit commercial van

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Proterra , a leading innovator in commercial vehicle electrification technology, and Lightning eMotors announced a new collaboration to power the Generation 4 Lightning Electric Transit commercial van using Proterra’s battery technology. —Tim Reeser, CEO of Lightning eMotors.

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XPeng launches new LFP-battery powered versions of EVs

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China-based EV maker XPeng expanded its product offering by launching three new vehicle versions powered by lithium iron phosphate (LFP) batteries for the Chinese market. Retail prices (post subsidies) for the new Smart and Premium P7 are RMB 229,900 (US$35,600) and RMB 239,900 (US$37,100), respectively. New w/ LFP battery).

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J.D. Power and Motorq collaborate to measure real world EV battery health

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Power and Motorq , a leading connected vehicle analytics and infrastructure company, have announced a strategic alliance to provide the automotive industry with insights based on connected vehicle data. The first product from the alliance will measure real-world electric vehicle (EV) battery health.

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Power Global, Rap Eco Motors to launch mass electric auto-rickshaw line powered by swappable battery technology

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Power Global and Rap Eco Motors partner to deliver 50,000 made-in-India electric auto-rickshaws built upon the swappable eZee module. Compared to existing fossil fuel-powered auto-rickshaws on the road today, each RANIE vehicle is expected to cut CO 2 e emissions by 3.7

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Octillion Power Systems debuts new EV battery-leasing plan

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Octillion Power Systems, a global provider of advanced lithium-ion storage systems for electric mobility ( earlier post ), announced a new demonstrator program for battery-leasing that allows batteries to be leased to fleet customers when they purchase vehicles. —Paul Beach, president, Octillion Power Systems.

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