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How Automotive Dealerships Can Save Money with Battery Energy Storage

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As dealerships embrace electrification to maintain competitiveness , it’s crucial to also explore the benefits of integrating battery energy storage systems (BESS). Discover key insights into incorporating battery storage for your dealership’s sustainable energy storage. What are battery energy storage systems?

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Responsible Battery Coalition and U Michigan launch study to compare electric and gas vehicle lifetime costs

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The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). —Steve Christensen, Executive Director of RBC. Anticipated driving patterns.

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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 However, batteries are the fastest-growing demand market for nickel.

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FREYR Battery to site US gigafactory in Georgia; initial investment $1.7B, growing to $2.6B through 2029

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FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. The SemiSolid platform enables capital and energy efficient production of lithium-ion batteries at scale. billion through 2029.

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What is Behind the Meter (BTM)?

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These systems enable energy users to manage their energy use more effectively, improve energy efficiency, and reduce dependence on the traditional grid. These scenarios are becoming increasingly common, such as solar and battery storage systems integrated with electric vehicle charging.

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Market Update: How Battery Pack Costs Declined Since 2008

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Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. But the price of these batteries had been a major roadblock to electric vehicle adoption.

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AFS Trinity Awarded Patent for Extreme Hybrid Drivetrain; Company Arguing for Full PHEV Tax Credit

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AFS Trinity Power Corporation has been awarded a patent for its Extreme Hybrid drive train that combines ultracapacitors and other power electronics and energy storage devices with off-the-shelf chemical batteries in plug-in hybrid vehicles. Earlier post.).