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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. Source: DOE.

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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

Green Car Congress

Researchers at Argonne National Laboratory, with colleagues from Lawrence Berkeley, Oak Ridge, and National Renewable Energy labs, and the University of Tennessee, have published a comprehensive analysis of the total cost of ownership (TCO) for 12 sizes of vehicles ranging from compact sedans up to Class 8 tractors with sleeper cabs.

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ABB and Hynamics collaborate to lower green hydrogen production cost

Green Car Congress

Hynamics, the hydrogen subsidiary of EDF group, has signed an agreement to collaborate with ABB and test the ABB Ability OPTIMAX for Green Hydrogen energy management system (EMS), which was launched to market in November 2022, across Hynamics’ plants to help optimize electrical costs of hydrogen production by up to 16%, according to ABB modeling.

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IRENA sees renewable hydrogen at least cost-possible within decade

Green Car Congress

Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA). A combination of falling costs for solar and wind power, improved performance as well as economies of scale for electrolyzers could make it possible.

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

Green Car Congress

The decisive factor for the switch to battery-electric vehicles is the energy cost advantage compared to hydrogen and diesel. They exceed the purchase costs many times over. The better the vehicles are utilized, the more intensively, longer and more regularly they are used, the greater the energy cost advantage of e-trucks becomes.

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Independent study confirms cost savings & emissions advantages for heavy-duty trucks running ClearFlame’s engine technology

Green Car Congress

ClearFlame Engine Technologies, a startup developing net-zero engine technology ( earlier post ), announced the publication of an independent study that finds ClearFlame’s technology could help fleet owners and other heavy-duty truck operators lower total costs while meeting sustainability goals sooner than currently available alternatives.

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Sylvatex developing new lower-cost CAM manufacturing process for Li-ion batteries

Green Car Congress

Advanced materials technology company Sylvatex (SVX) announced a new proprietary waterless production method that delivers premium EV-grade cathode active materials (CAM) at lower costs and that allows for a broader material input supply base to enable demand growth.

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DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

Green Car Congress

A new study published by US Department of Energy’s (DOE) Argonne National Laboratory offers the most complete understanding yet of the costs of owning and operating a vehicle, and how those costs vary by powertrain, from the conventional to the cutting-edge. Overall, hybrid electric vehicles tend to be the lowest-cost powertrain.

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90,000 Miles On My Tesla Model 3 — Maintenance Costs Higher Than Expected

CleanTechnica EVs

An internal combustion engine (ICE) replacement cost is ~$7000. In addition, ICE cars have very complex transmissions (replacement cost ~$5000). I know that in principal EVs are much less complex than cars with internal combustion engines. It is much more complex than an electric motor. You also […]

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VW ID.2all, Tesla right to repair, costs sour home charging: Today’s Car News

Green Car Reports

The soaring costs of residential electricity may be taking a toll on EV charging satisfaction. VW introduces one of its upcoming small, affordable EVs for Europe. And Tesla owners want to repair their cars independently. This and more, here at Green Car Reports.

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New Total Cost of Ownership Tool for Electric Cars

CleanTechnica EVs

We’ve written about the total cost of ownership of automobiles for a decade, comparing the total cost of ownership of electric cars to the total cost of ownership of fossil-powered cars.

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How Tesla Aims To Cut Manufacturing Costs In Half

CleanTechnica EVs

The plant comes as a part of Tesla’s hopes to increase its production numbers even more than it has in the last few years — and ultimately to reduce its manufacturing costs in the coming […] Tesla’s recent Investor Day event brought with it a few announcements, including the automaker’s plans to construct a new Gigafactory in Mexico.

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Study: EV adoption faces critical cost barriers

Green Car Reports

Consumers are showing more interest in electric cars, but cost concerns are a critical barrier to further adoption, according to a new study. In its 2023 Global Automotive Consumer Study, consultancy Deloitte found that most Americans don't feel ready for an EV.

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Li Auto CEO says battery swap model promising in cost reduction

CN EV Post

If electric cars can be sold to consumers without batteries, the cost can be lower than fuel cars, said Li Xiang. The post Li Auto CEO says battery swap model promising in cost reduction appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Rivian introduces ‘Elevation Audio’ to reduce cost and improve quality

Teslarati

Rivian has launched its own in-house designed audio system, “Elevation Audio,” which aims to reduce cost while improving quality. Rivian faces two main challenges this year regarding production , which it hopes to address: high production costs and ramping production overall. Rivian previously used Meridian.

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DOE: In 2022 money, EV battery costs have kept falling

Green Car Reports

Many analyses have shown that EV battery costs stopped decreasing in 2022, putting off affordability goals. Based on 2022-constant dollars, battery costs actually continued falling last year at the pack level, despite accelerated inflation, according to DOE estimates. But the U.S.

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EV battery cost soared in 2022, hampering EV affordability

Green Car Reports

EV battery costs have soared in 2022 due to rising raw material and battery component prices, according to a Bloomberg New Energy Finance (BNEF) report. The volume-weighted average for lithium-ion battery pack prices reached $151/kwh this year, a 7% increase over 2021, according to the report.

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GM bets silicon anode will boost battery range, lower cost

Green Car Reports

OneD is developing s silicon anode cell chemistry that could increase battery energy density, enabling more range at lower cost, GM said in a press release. General Motors on Thursday announced a partnership with startup OneD Battery Sciences, regarding the potential development of a more efficient chemistry for EV battery cells.

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Tesla flags paradigm shift in vehicle manufacturing as it looks to halve cost of EVs

The Driven EV News

Tesla outlines how it will slash cost of making EVs in half in move that will have huge implications for the future of transport, and legacy car companies. The post Tesla flags paradigm shift in vehicle manufacturing as it looks to halve cost of EVs appeared first on The Driven.

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How Tesla Overcame “Fundamental Cost Disadvantage”

CleanTechnica EVs

Tesla has overcome the cost disadvantages facing most automakers through a few different strategies, as pointed out recently by CEO Elon […]

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Future smaller Tesla EVs could cost half as much to make

Green Car Reports

Tesla earlier this week officially confirmed that it is developing a next-generation vehicle platform focused around affordability and potentially at about half the cost of the platform that underpins the top-selling Model Y and Model 3.

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Can world’s biggest car makers keep up with Tesla’s “audacious” low cost Master Plan?

The Driven EV News

Tesla's new Master Plan 3 and its "audacious" move to slash production costs in half will make some big legacy car makers obsolete. The post Can world’s biggest car makers keep up with Tesla’s “audacious” low cost Master Plan? appeared first on The Driven.

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Tesla Giga New York’s Prefabricated Supercharger Units saves 15% on costs

Teslarati

She added that Tesla saves 15% on Supercharger deployment costs with SPUs. The post Tesla Giga New York’s Prefabricated Supercharger Units saves 15% on costs appeared first on TESLARATI. We are pre-building four post Supercharger units at [Gigafactory New York],” Tinucci said. “We The Teslarati team would appreciate hearing from you.

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7 Ways to Reduce EV Charging Costs

Clean Fleet Report

Most EV drivers know that during these times of economic crisis, EV running costs are considerably less than those with gas-guzzling internal combustion engines. But did you know, it’s relatively easy to reduce EV charging costs even further? This will undoubtedly cover the costs of any energy used, plus some extra.

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CATL reportedly cutting battery costs significantly for some clients including NIO, Li Auto

CN EV Post

The post CATL reportedly cutting battery costs significantly for some clients including NIO, Li Auto appeared first on CnEVPost. The program is only available to a few strategic customers, including NIO, Li Auto, Huawei and Zeekr, and Tesla is not included, according to local media. For more articles, please visit CnEVPost.

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US-made Genesis Electrified GV70 EV costs much more than gas version

Green Car Reports

The Electrified GV70 costs a lot more than the gasoline version. The Alabama-built 2023 Genesis Electrified GV70 electric SUV will start at $66,975 with the mandatory $1,125 destination charge, Genesis announced last week.

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Filling vs. charging: Gas vehicles cost up to six times more than EVs

Green Car Reports

The advocacy group compared operating costs of EV and gasoline cars, including the average costs of charging and filling up with gasoline. In the United States, electric cars are cheaper to drive per mile the their gasoline counterparts, according to recent analysis from the Zero Emission Transportation Association (ZETA).

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World first study shows how EVs cut pollution levels and reduce costly health problems

The Driven EV News

A landmark study in California using real-word data has shown that increasing electric vehicle uptake leads to less air pollution and better public health. The post World first study shows how EVs cut pollution levels and reduce costly health problems appeared first on The Driven.

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Tesla Superchargers are dwarfing competitors in size and cost efficiencies

Teslarati

The size and cost efficiencies of Tesla Superchargers are definitely among them. As stated in a report from Bloomberg News , a recent EV charger price survey indicated that it costs as low as $238 and as high as $10,000 to have 7-22 kilowatt AC chargers installed. This is where Tesla’s advantage with the Supercharger network comes in.

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Every US EV costs less than $1,000 a year to fuel, according to federal estimates

Green Car Reports

market EV costs less than $1,000 to "fuel" (meaning charge with electricity) for a year, compared to $2,000 to $7,000 for. Any light-duty electric vehicle available in the United States for the 2022 model year will save drivers thousands of dollars over gasoline or diesel vehicles, the Department of Energy said last week in a blog post.

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Analysis: Amid high gas prices, EV operating cost advantages have grown stronger

Green Car Reports

With gas prices spiking, the operating cost advantages of EVs have grown, according to new analysis. The Zero Emission Transportation Association (ZETA), an EV advocacy group, published a report Wednesday tracking the cost per mile of EVs and gasoline cars over the past six months.

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Tesla Model 3 fleet cost efficiency to be tested by City of Venice

Teslarati

The City of Venice, Florida, recently purchased three Tesla Model 3 units and will test the fleet of all-electric sedans to see if they are effective tools in reducing the cost of operating multiple vehicles for government purposes. The post Tesla Model 3 fleet cost efficiency to be tested by City of Venice appeared first on TESLARATI.

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Electric Ford Explorer, Kia EV5, made-in-US Genesis EV, battery cost and insurance: Today’s Car News

Green Car Reports

EV battery packs could create an insurance-cost issue. Ford reveals an all-electric Explorer. Kia shows a smaller EV5 electric SUV. And Genesis ramps up American-made EVs. This and more, here at Green Car Reports. Genesis is now building its Electrified GV70 EV in Alabama.

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Switching to an EV can save households thousands on fuel costs

The Driven EV News

The post Switching to an EV can save households thousands on fuel costs appeared first on The Driven. Australian households stand to save thousands on by switching to an electric vehicle according to Solar Citizens.

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What Does It Cost to Repair a Subaru?

Clean Fleet Report

But how much does it actually cost to repair a Subaru? The cost of repairs will vary depending on the model of Subaru you have and the severity of the damage. How to Save on Subaru Repair Costs. When your Subaru needs repairs, the cost can be expensive. However, there are ways to save on repair costs.

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Reducing the cost of electric vehicles

Electric Vehicles India

Reducing the cost of electric vehicles. 10,000/KWh with an increase in cap from 20% to 40% of the cost of the vehicle from 11th June 2021, thus enabling the cost of Electric two-wheelers at par with that of ICE two-wheeler vehicles. Drop-in battery price will result in cost reduction of electric vehicles.

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How much does an electric car battery cost?| EVBox

EV Box

On average, current EV battery packs cost around $10,000 to $12,000. EV market growth and electric car battery costs.

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EV fast charging network rates jump again, rising grid costs to blame

The Driven EV News

The post EV fast charging network rates jump again, rising grid costs to blame appeared first on The Driven. Charging network announces hike in prices at its network of 50kW EV fast chargers in NSW and Queensland.

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To EV or not to EV? A clear cost analysis between electric vehicles and ICE cars

The Driven EV News

Want to learn more about the cost differences between electric vehicles and petrol and diesel cars? A clear cost analysis between electric vehicles and ICE cars appeared first on The Driven. The size of the savings might surprise you! The post To EV or not to EV?

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Tesla Model 3 tows boat 3200km on epic road trip costing half the price of diesel

The Driven EV News

We towed a boat on a 3,200km return trip from Sydney to Tasmania, towing a boat - at half the cost of diesel. The post Tesla Model 3 tows boat 3200km on epic road trip costing half the price of diesel appeared first on The Driven. Have EVs killed the road trip? Absolutely not!

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Addressing EV charging costs with solar power

Innovation News Network

University of South Australia researchers have unveiled that using solar panels can help reduce the costs of EV charging. The post Addressing EV charging costs with solar power appeared first on Innovation News Network.

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More pain ahead for legacy auto as Tesla slashes battery investment costs in half

The Driven EV News

Tesla's recent Nevada factory announcement appears to show that it has slashed battery investment costs in half, spelling more trouble for competitors. The post More pain ahead for legacy auto as Tesla slashes battery investment costs in half appeared first on The Driven.

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Do Electric Vehicles Actually Cut Utility Costs?

CleanTechnica EVs

Does increasing the number of electric vehicles (EVs) on the grid actually result in lower utility costs for all customers? That is just what a recently revised study found. The study shows that EV users are not receiving subsidies from other customers and that, in fact, they are driving prices down. Overall, EV consumers have […].