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IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

Green Car Congress

The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit.

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Hydra Energy partners with Chemtrade to provide commercial truck fleets with green hydrogen below the cost of diesel

Green Car Congress

The long-term contract is a pillar of Hydra’s Hydrogen-as-a-Service (HaaS) business model and includes Hydra capturing, cleaning, and compressing hydrogen sourced from Chemtrade. Initially, both companies are focused on one of Chemtrade’s plants in British Columbia with the potential to expand across the country.

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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. Beginning in 2023, there are two new EV tax credits: the Used Clean Vehicle Credit and the Commercial Clean Vehicle Credit.

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Analysts: 40% drop in 2023-2025 EV battery prices will boost sales

Baua Electric

A number of factors may be converging to lower EV battery prices, which in turn could boost EV demand, according to new analysis from Goldman Sachs. Battery innovation, whether it’s new solid-state chemistries or better manufacturing processes could help lower costs as well, according to the analysis.

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The BMW i4 eDrive 35 M Sport Lands In South Africa At A Very Competitive Price

CleanTechnica EVs

For a very long time, battery-electric vehicles have generally been more expensive than comparable internal combustion engine vehicles. The gap between the upfront purchase prices was so high at times that it could only be justified by the lower total cost of ownership advantage that BEVs have from a financial point of view.

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

Green Car Congress

However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. The pandemic has created disruption in the global energy sector, but low gas prices will ultimately stimulate demand growth as the economy recovers.

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Should Tesla Investors Keep An Eye On EV Battery Prices?

CleanTechnica EVs

As the cost of important minerals for electric vehicle battery production increases, some Tesla investors are wondering if they should be worried. Some think that an upcoming supply crunch could make EV batteries skyrocket, and maybe even cause buyers to switch back to internal combustion engine vehicles instead.

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