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

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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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Cornell team develops framework for incorporating wireless charging road system into real-time electricity market

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Researchers at Cornell have developed a coupled transportationpower system framework for incorporating a wireless charging road system into the real-time electricity market. In addition, they propose an optimization-based control strategy to manage the energy storage system in a cost-efficient manner. Jie Shi, H.

Market 321
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Report on electric vehicle adoption in india

Baua Electric

the adoption of electric vehicles (EVs) in India has been gaining momentum, driven by various factors such as environmental concerns, government initiatives, and advancements in technology. Various policy measures and incentives have been introduced to encourage both manufacturers and consumers to embrace electric mobility.

India 98
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Geely supporting Danish initiative on e-methanol with vehicle trials in Aalborg

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Danish Minister for Transport Trine Bramsen, Aalborg municipal government representatives, and European media were invited to witness the first test runs of Geely methanol vehicles on Danish roads and visit the e-methanol production facility at Aalborg University.

Denmark 446
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Fraunhofer analysis finds battery-electric trucks have energy cost advantage over hydrogen trucks

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The decisive factor for the switch to battery-electric vehicles is the energy cost advantage compared to hydrogen and diesel. Electricity and hydrogen are the two key energy carriers for a low-carbon future, and hydrogen will play a vital role in industry, shipping and synthetic aviation fuels. —Plötz (2022).

Hydrogen 448
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Study finds all-electric rideshare fleet could reduce carbon emissions, but increase traffic issues

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They used the model and the data to estimate the life cycle air pollution, greenhouse gas, and traffic externality benefits and costs of serving rides based on Chicago TNC trip data from 2019 to 2022 with fully electric vehicles. The authors acknowledge funding from Carnegie Mellon University’s Wilton E.

Fleet 195
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BYD and Levo partner to deploy up to 5K BEVs in US fleets, integrate V2G technology

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The BYD-Levo collaboration has the potential to accelerate and transform the transportation sector at a critical time. These services are provided to customers for a fixed monthly payment with no upfront cost. BYD and Levo Mobility, a joint venture of Nuvve Holding Corp., —BYD Motors President Stella Li.

BYD 199