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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.”

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

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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.

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IONETIC launches EV battery pack design platform

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IONETIC , a UK start-up specializing in electric vehicle (EV) battery pack technology, launched its EV battery pack design platform, which the company says can cut the development cost and time for automotive manufacturers bringing a new electric vehicle to market. This is a 36% improvement over the Nissan Leaf.

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DOE intends to award up to $37M to advance EV battery recycling, transportation and design

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The US Department of Energy (DOE) issued a notice of intent to release a funding opportunity that would provide up to $37 million from Bipartisan Infrastructure Law (BIL) funding to advance electric vehicle (EV) battery recycling, transportation, and design (DE-FOA-0003120). As of July 2023, more than 3.9

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NYU team develops novel ion-conducting copolymer to increase power and reduce cost of fuel cells

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Researchers at the NYU Tandon School of Engineering, led by Miguel Modestino, professor of chemical and biomolecular engineering, and Lawrence Berkeley National Laboratory have developed a novel ion-conducting polymer (ionomer) that increases the power and lowers the cost of fuel cells. —Katzenberg et al.

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New long-duration, extended capacity Na-Al battery design for grid storage

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The new battery design could help ease integration of renewable energy into the electrical grid at lower cost, using Earth-abundant metals, according to a study just published in Energy Storage Materials. h is achieved with an estimated raw active materials cost of $7.02 mAh cm −2 , a discharge duration of 28.2 Weller et al.

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IRENA sees renewable hydrogen at least cost-possible within decade

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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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