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

Green Car Congress

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. Cost is the name of the game.

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

Green Car Congress

Researchers at Cornell have developed a coupled transportation–power 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. —Shi and Gao (2022).

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Faradion receives first order for sodium-ion batteries for Australian market

Green Car Congress

the leader in sodium-ion (Na-ion) battery technology, has received its first order from ICM Australia for high-energy sodium-ion batteries for use in the Australian market. ICM Australia expects a range of Faradion sodium-ion batteries to be available for the Australasian market later in the year. UK-based Faradion Ltd.,

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Profiteering Hampers U.S. Grid Expansion

Cars That Think

The deficit is driving up electricity prices, reducing grid reliability, and hobbling renewable energy deployment. grids demands public scrutiny and accountability. The cost of the project, estimated at US $1.9 The United States is not building enough transmission lines to connect regional power networks.

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IDTechEx forecasts second-life EV battery market to reach US$7B by 2033

Green Car Congress

IDTechEx forecasts that the second-life EV battery market will reach US$7B in value by 2033. The second-life EV battery market adds value to future energy infrastructure, creates a circular economy for electric vehicle (EV) batteries, and provides a lower levelized cost of storage compared to new batteries.

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How HummingbirdEV uses modular platforms and micro-factories to lower the cost of commercial EVs

Charged EVs

The commercial EV market is hot—a bit too hot for some. Hummingbird is addressing several global markets—it has customers in the US, Europe and China, and is now making a major push into India and the GCC (Persian Gulf) region. They’re getting into the market with the wrong technology and high capital investment costs.

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EPIC: state-level renewable electricity mandates increase electricity prices up to 17% over 12 years; cost more expensive than benefit

Green Car Congress

In contrast, the global experiences from carbon markets and taxes make clear that much less expensive ways to reduce CO 2 are available right now. They find that RPS programs significantly increase retail electricity prices, with prices rising by 11% seven years after the policy became law and 17% twelve years afterwards.

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