Blink Charging

NOVEMBER 2, 2023

The US Department of Energy’s Vehicle Technologies Office reported a remarkable 89% decrease in the cost of electric vehicle lithium-ion battery packs between 2008 and 2022. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh. But that doesn’t mean prices are set in stone.

2008 52

2008 Market Lithium Ion Battery 52

Green Car Congress

JULY 21, 2016

During past eight years the number of plug-in electric vehicle models has increased from one to more than 20, battery costs have decreased 70%, and the number of electric vehicle charging stations has increased from less than 500 in 2008 to more than 16,000 today—a 40-fold increase. Georgia Power. Southern Company: Georgia Power.

Obama 150

Obama Charging Financing Alternative Fuels 150

Baua Electric

SEPTEMBER 19, 2024

But it sows confusion among some who wonder how the former president stands on the future of the EV industry. GM CEO Mary Barra – Photo by Steve Fecht for General Motors In late 2019 Trump effectively nixed an extension of the tax credit for Tesla and GM, which had already reached their 200,000-vehicle caps under the former framework.

Auto Industry 52

Auto Industry Industry Industrial Auto 52