article thumbnail

Battery revolution! Has Stellantis cracked the code for super-cheap EVs that will undercut ICE?

EV Central

The global auto giant Stellantis has done a deal with a French battery-maker to secure fresh sodium-ion battery technology for its future EVs that could see electric cars finally undercut petrol cars on purchase price. Not that sodium-ion batteries are perfect, not just yet at least. READ MORE: Range anxiety solved?

Cheap 82
article thumbnail

Compass Minerals signs non-binding agreement to supply LG Energy Solution with battery-grade lithium product starting in 2025

Green Car Congress

As outlined in the MOU, purchase pricing would be based on market price and sales volume thresholds would be dependent upon product qualifications. The battery manufacturer also signed a binding lithium hydroxide offtake agreement with Germany’s Vulcan Energy Resources Ltd.

Supplies 199
article thumbnail

Tokuyama and Toyota start verification tests in Japan for stationary fuel cell generator that uses by-product hydrogen; Mirai FC system

Green Car Congress

By using components from the Mirai FC system—the FC stack, power control unit (PCU), secondary battery, and air compressor—Toyota seeks to produce a high-performance generator at a reasonable price. Development on the FC generator was carried out jointly by Toyota and Toyota Energy Solutions, Inc.

Hydrogen 362
article thumbnail

First Cobalt announces positive feasibility results for Canadian cobalt refinery expansion; first NA producer of battery-grade cobalt sulfate

Green Car Congress

Several EV manufacturers have expressed an interest in purchasing a North American cobalt sulfate. Several opportunities will be evaluated over the coming months that could enhance project economics further, including alternative approaches to managing elevated sodium concentrations prior to returning process water to the environment.

Sodium 221
article thumbnail

Fraunhofer researchers develop new low-cost dry-film electrode production process

Green Car Congress

So far, German companies have been purchasing the cells for this purpose in Asia. Production at locations with high electricity prices—such as Germany—is, therefore, very high-cost. BroadBit uses it to produce new types of sodium-ion batteries.

Low Cost 339
article thumbnail

What Causes Electric Scooters to Be Expensive in India?

Get Electric Vehicle

New revolt RV 400 is priced around ?101,470, Ather 450X comes with a price tag above ?140,000. The price of the lithium-ion batteries used in the EVs is the main culprit for the high initial cost of any electric vehicle in any part of the world. For example, The newly launched Ola S1 starts at ?97,575. Taking a Closer Look.

India 52
article thumbnail

Top Factors Affecting EV Adoption

EV Connect

Cost (and Cost Comparison) A recent study showed 67% of would-be purchasers claim cost is a primary concern. However, market competition, falling battery prices and government incentives are pushing the cost of EVs to parity with gasoline.

Charging 104