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

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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.

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UK to invest £200M in fleet of zero-emission heavy-duty trucks

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More efficient deliveries will in turn enable haulage companies to keep the price of goods down and protect customers from rising costs, the government said. Eliminating fossil fuels from road freight and improving the UK’s energy supply resilience will help to protect drivers and businesses from increasing global energy prices.

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GlobalData: COVID-19 puts EV sales and CO2 fleet emission targets at risk

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GlobalData research shows that lower oil prices as a result of the COVID-19 crisis could reduce electric vehicle demand and impair EU efforts to significantly reduce average new vehicle CO 2 emissions in the European car market. However, the amount of time taken to make up that price differential depends on the cost of fuel.

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Hertz announces ‘strategic decision’ to slash EV fleet

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Hertz announced on Thursday in a regulatory filing with the SEC that it has made a “strategic decision” to slash its electric vehicle fleet by 20,000 vehicles. In the filing , Hertz said the figure is roughly one-third of its global EV fleet. ” Bloomberg first reported the filing. ” Hertz inked a $4.2

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ABB-sponsored report suggests global plans for 80 new EV battery gigafactories insufficient

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A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories. —Tanja Vainio.

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Hydra Energy partners with Chemtrade to provide commercial truck fleets with green hydrogen below the cost of diesel

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Continuing to speed up the adoption of hydrogen in long-haul transportation, Hydra Energy —the first Hydrogen-as-a-Service provider for commercial fleets—announced a strategic partnership with Chemtrade. Global transportation is currently responsible for 16% of GHG emissions, with a significant portion from road transport.

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ChargePoint acquires eBus and commercial vehicle management provider ViriCiti to accelerate fleet electrification

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ChargePoint Holdings, a leading electric vehicle (EV) charging network operating in North America and Europe, has acquired ViriCiti, a leading provider of electrification solutions for eBus and commercial fleets. The ViriCiti team, customer accounts and technology will become part of ChargePoint’s operations.

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