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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). Where, when and for whom are EVs most cost-effective? Anticipated driving patterns.

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EIA expects significant increases in US wholesale electricity prices this summer

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The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas. MMBtu in May 2021.

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Tesla maintenance and repair costs are lowest in the auto industry: data

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Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

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CNH Industrial to take $250M strategic stake in Nikola; partnership on fuel-cell and battery-electric heavy-duty trucks

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CNH Industrial N.V., the owner of IVECO and FPT Industrial, intends to enter into a strategic and exclusive heavy-duty truck partnership with Nikola Corporation to accelerate industry transformation towards emission neutrality of Class 8 heavy-duty trucks in North America and Europe through the adoption of fuel-cell technology.

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UPS collaborating with Workhorse to deploy 50 electric trucks; rivaling acquisition cost of conventional; no subsidies

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UPS plans to deploy 50 plug-in electric delivery trucks that will be comparable in acquisition cost to conventional-fueled trucks without any subsidies—an industry first that would breaki a key barrier to large scale adoption of electric fleets. Modec fully electric vehicle with a cab forward design used in London.

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Alcoa outlines technology roadmap to decarbonize aluminum industry

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outlined a technology roadmap to support its vision to reinvent the aluminum industry for a sustainable future. The roadmap includes three key programs: The Refinery of the Future , which aims both to reduce the capital cost of developing a refinery and to enable decarbonization of the alumina refining process. Alcoa Corp.