article thumbnail

BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

Green Car Congress

Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). All prices are in real 2021 $, unless stated as nominal.) At the cell level, average BEV prices were just $97/kWh.

Price 469
article thumbnail

BNEF: Li-ion battery pack prices rise for first time since 2010 to an average of $151/kWh

Green Car Congress

Rising raw material and battery component prices and soaring inflation have led to the first increase in lithium-ion battery pack prices since BloombergNEF (BNEF) began tracking the market in 2010. BloombergNEF expects prices to stay at similar levels next year, further defying historical trends.

Li-ion 414
article thumbnail

Lightning Systems lowers prices of electric powertrains while adding and enhancing features

Green Car Congress

Commercial electric vehicle manufacturer Lightning Systems is lowering the prices of its 2021 battery and fuel cell electric vehicles by 10 to 50% for Class 3 to Class 8 vehicles. Improved range and payload capacity from higher energy density battery solutions. Faster DC fast charging systems.

Price 476
article thumbnail

Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins. —Gabriel Collins.

article thumbnail

Electrify America introduces new pricing structure featuring kWh pricing in 23 states and DC; reduced rates for states with minute-based pricing

Green Car Congress

Electrify America introduced a new pricing structure designed to provide electric vehicle (EV) owners with consistent and transparent rates across its public brand-neutral fast-charging network. Kilowatt-Hour Pricing—Rates as Low as $0.31 Plus, all session fees have been eliminated. Cents Per kWh. per kilowatt hour.

Price 435
article thumbnail

Large differences among the recent increases in the cost of powering gasoline, diesel, and electric vehicles

Green Car Congress

This post examines the recent changes in the costs of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. The reason is that, in the United States, oil is used to generate less than 1% of electricity.

article thumbnail

Sandia, national lab partners studying vulnerabilities of electric vehicle charging infrastructure

Green Car Congress

With electric vehicles becoming more common, the risks and hazards of a cyberattack on electric vehicle charging equipment and systems also increases. Johnson and his team recently published an open-access summary of known electric vehicle charger vulnerabilities in the journal Energies.