article thumbnail

Consortium seeks to show total cost of EVs can be less than combustion engine reference car

Green Car Congress

Michelin and Siemens, in cooperation with research partners at Karlsruhe Institute of Technology (KIT) and the Fraunhofer Institute for Systems and Innovation Research ISI, are launching a project to demonstrate that the total cost of electric vehicles can be less than that of a conventional combustion-engined car.

Cost Of 236
article thumbnail

DOE estimates EV battery pack costs in 2022 nearly 90% lower than in 2008

Green Car Congress

The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). The decline in cost is due to improvements in battery technologies and chemistries, and an increase in manufacturing volume.

2008 475
article thumbnail

Kia to establish its first electric PBV plant in Korea

Green Car Congress

Kia Corporation will establish a new manufacturing facility dedicated to producing electric Purpose Built Vehicles (PBVs). The ‘Forest’ part of the nomenclature refers to an ecosystem that harmonizes all these elements to function as one. million EVs a year globally by 2030, aiming for 12% of the global electric vehicle market.

Kia 284
article thumbnail

Albemarle to invest $1.3B in lithium hydroxide facility in South Carolina

Green Car Congress

billion to help meet the surging demand for domestic and international electric vehicles and lithium-ion batteries. The term Mega-Flex refers to the facility’s ability to process diverse lithium feedstock, including lithium from recycled batteries. million electric vehicles annually.

article thumbnail

EPRI assesses status of 8 key power generation technologies for US; estimates of capital cost and levelized cost of electricity

Green Car Congress

Comparative levelized cost of electricity in 2025 ($/MWh) at different CO 2 prices. For the report, central-station generation refers to >100 MW, with the exception of some renewable-resource-based technologies. Representative costs are reported in constant December 2010 US dollars. The capital cost learning curve.

EPRI 239
article thumbnail

CMU researchers find controlled charging of PHEVs can cut cost of integration into electricity system by 54-73%; higher benefits with wind power

Green Car Congress

In a new study published in the journal Applied Energy , Carnegie Mellon University (CMU) researchers found that controlled charging of plug-in hybrid electric vehicles (PHEVs) reduces the costs of integrating the vehicles into an electricity system by 54–73% depending on the scenario.

Wind 286
article thumbnail

NACFE releases guidance report on hydrogen fuel cell heavy-duty trucks

Green Car Congress

Almost every day there is a new announcement about hydrogen fuel cell electric trucks. Battery electric trucks should be the baseline for hydrogen fuel cells electric vehicle (HFCEV) comparisons, rather than any internal combustion engine alternative. The report contains 101 figures and 230 references.

Hydrogen 482