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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

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Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). All prices are in real 2021 $, unless stated as nominal.) At the cell level, average BEV prices were just $97/kWh.

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Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

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Self Financial, a fintech company, has compared the running costs of electric and non-electric vehicles in each state. However, these annual costs don’t take into account the purchase cost of the vehicle itself and are purely the ‘running’ costs annually. per year to run—a difference of $633.94

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Nel receives NOK 600M purchase order for alkaline electrolyzers from Woodside for US project

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This is a firm purchase order for alkaline stacks, balance of stack (BoS) equipment and engineering for the balance of plant (BoP) equipment (which Woodside will provide). There are pass-through mechanisms for steel and nickel price increases. The contract has a total value of about NOK 600 million (US$57 million).

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Lightning Systems lowers prices of electric powertrains while adding and enhancing features

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Commercial electric vehicle manufacturer Lightning Systems is lowering the prices of its 2021 battery and fuel cell electric vehicles by 10 to 50% for Class 3 to Class 8 vehicles. In addition to lower prices, zero-emission vehicles from Colorado’s Lightning Systems also will have new features, including: High-speed Level 2 charging.

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Honda secures auto industry’s largest renewable energy purchase; 60% reduction in CO2 from N.A. manufacturing operations

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Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America. will deliver to the grid by the end of 2020.

Purchase 299
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Tesla signs lithium supply agreement with China-based company 

Teslarati

According to local media outlets , the agreement states Tesla will purchase lithium carbonate products from Yahua from 2025 to 2027. The two companies have yet to decide the price for the lithium products. The post Tesla signs lithium supply agreement with China-based company appeared first on TESLARATI.

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Benchmark Mineral: China’s zero-COVID policies weigh on lithium and cobalt prices

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Chinese lithium and cobalt sulfate prices fell this month as strict COVID-19 lockdowns in Shanghai and elsewhere limit demand in the world’s largest electric vehicle market. Prices for cobalt sulfate fell by 6%, according to Benchmark’s Cobalt Price Assessment. There has been a little bit of softness in pricing.

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