article thumbnail

DOE to fund research to reduce costs of high-voltage direct current (HVDC) transmission

Green Car Congress

The US Department of Energy’s (DOE) Wind Energy Technologies Office (WETO) and Office of Electricity (OE) plan to fund (DE-FOA-0003241) research to drive innovation and reduce costs of high-voltage direct current (HVDC) voltage source converter (VSC) transmission systems.

Cost Of 199
article thumbnail

Tesla improves cost of goods sold per vehicle once again

Teslarati

Tesla improved the cost of goods sold per vehicle to slightly above $36,000, continuing to improve on the metric with a sequential reduction in cost every quarter. ” Tesla also noted: “Our team remains focused on growing our output, investing in our future growth, and finding additional cost efficiencies in 2024.”

Cost Of 132
article thumbnail

NREL report finds electrified heavy-duty vehicle powertrains could provide lower total cost of ownership than diesel under certain conditions

Green Car Congress

A new total cost of ownership (TCO) study from the National Renewable Energy Laboratory (NREL) finds that battery-electric and fuel-cell electric commercial trucks could be economically competitive with conventional diesel trucks by 2025 in some operating scenarios. —Chad Hunter, lead author of the report and former NREL researcher.

Cost Of 397
article thumbnail

Ricardo wins UK funding to develop future electric trucks

Green Car Congress

Ricardo has won two UK Government-backed innovation competitions to develop novel solutions for heavy-duty vehicles focusing on improving efficiency and performance and reducing the cost of future electric trucks. Ricardo will be partnering with the University of Bath for both projects. of these are using cleaner propulsion.

Future 259
article thumbnail

NREL, INL team assesses levelized cost of light-duty EV charging in US in 2019

Green Car Congress

A team from the National Renewable Energy Laboratory (NREL) and the Idaho National Laboratory has produced a detailed assessment of the current levelized cost of light-duty electric-vehicle charging (LCOC) in the United States, considering when, where, and how EVs are charged. kWh); however, costs vary considerably (e.g., from $0.08/kWh

Cost Of 293
article thumbnail

Tesla’s strong earnings ‘raises more questions’ about future lineup: Deutsche Bank

Teslarati

Tesla’s strong Earnings Call earlier this week has certainly won over some investors as the stock continues to climb upward, but analysts at Deutsche Bank believe the call might have raised more questions as the company clarified its plans for the future.

Future 88
article thumbnail

Ammonia-salt solvent pretreatment for biomass could significantly reduce cost of cellulosic biofuels

Green Car Congress

Similar processes could greatly reduce the cost of producing biofuels from waste biomass like corn stalks and leaves. Lignin, which binds to and fortifies plant fibers, could be used to help upgrade valuable aromatic chemicals in the future, according to Chundawat. —lead author Shishir P.

Cost Of 335