article thumbnail

Yutong Bus to deliver 100 electric buses to Chile

Green Car Congress

will deliver 100 full electric buses to Chile. The E12 Electrical Bus, the model Yutong will deliver to Chile, is equipped with 324 kWh battery capacity and low energy consumption. Zhengzhou Yutong Bus Co., The 100 full electric buses will be used by Buses Vule and STP Santiago to serve the Santiago public transportation system.

Chile 385
article thumbnail

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

Green Car Congress

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.

Cost Of 210
article thumbnail

Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

Tesla is poised to benefit from rapidly dropping lithium prices, particularly in China, where the automaker produces nearly half of its vehicles. Hence, the price of EVs has become intertwined with the cost of lithium , which has slowly become cheaper thanks to massive investments worldwide.

Price 142
article thumbnail

Australia forecasts lithium export earnings of $16B in 2022-23, up from $5B in 2021-22

Green Car Congress

Among the lithium-specific findings of the report: Spodumene prices are estimated to rise from an average of US$598 a tonne in 2021 to US$2,700 a tonne in 2022, and US$4,010 a tonne in 2023 before moderating to US$3,130 in 2024. This rapid growth is forecast to be met by gains in output by Australia, Chile and Argentina.

Australia 281
article thumbnail

7 companies launch Green Hydrogen Catapult to increase green H2 production 50-fold over next 6 years

Green Car Congress

The new “Green Hydrogen Catapult” initiative will see green hydrogen industry leaders target the deployment of 25 gigawatts through 2026 of renewables-based hydrogen production, with a view to halve the current cost of hydrogen to below US$2 per kilogram.

Green 321
article thumbnail

What Causes Electric Scooters to Be Expensive in India?

Get Electric Vehicle

New revolt RV 400 is priced around ?101,470, 101,470, Some of them cost even more. The new Bajaj Chetak will cost you more than ?12,5000. Ather 450X comes with a price tag above ?140,000. The first one is to purchase high-priced cobalt and lithium, gain knowledge and expertise, then manufacture the battery in-house.

India 52
article thumbnail

Rough road for EV industry

Green Car Congress

Lithium prices continue to rise, and no new domestic lithium sources have yet to be established. Even Tesla, despite its substantial efforts to hold the line on affordability, has suffered from the effects of war, supply chain disruptions and the rising costs of raw materials. Tesla isn’t the only EV manufacturer facing these hurdles.