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The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). The decline in cost is due to improvements in battery technologies and chemistries, and an increase in manufacturing volume.
Electric bicycle sales by region, world markets: 2012-2018. between 2012 and 2018, resulting in global sales of 47.6 million vehicles in 2018, up form more than 30 million units in 2012. billion revenue in 2018, Pike suggests. billion revenue in 2018, Pike suggests. Source: Pike Research. Click to enlarge.
Future improvements in P2 hybrid systems should drop high-volume direct manufacturingcosts to about $1,200 by 2020—very close to the approximately $1,000 cost threshold required for mainstream customer acceptance, according to John German, Senior Fellow and the US Lead for the International Council on Clean Transportation (ICCT).
The estimated total cost of settlements is $0.8 billion, in line with financial charge taken for this purpose in third-quarter, 2018. Environmental Protection Agency (EPA) performed enhanced screening on diesel vehicles sold by all manufacturers. FCA US has also settled a putative class action on behalf of private consumers.
Costs of manufacturing batteries and electric powertrains can be halved by 2018, if the gaps in the innovation chain can be closed, according to researchers at Germany’s Karlsruhe Institute of Technology (KIT).
SolarEdge Technologies and SolarEdge’s subsidiary, Kokam Limited Company, a provider of lithium-ion batteries and integrated energy storage solutions, announced the opening of “Sella 2”, a two gigawatt-hour (GWh) battery cell manufacturing facility.
Electric two-wheel vehicle sales by country, Asia Pacific: 2012-2018. Pike Research forecasts that annual sales of electric two-wheel vehicles (e-scooters, e-motorcycles, and e-bicycles) will show robust growth and reach more than 65 million units in 2018. more than 60 million units in 2018 at a CAGR of 6.6%. Click to enlarge.
Aside from the lithium needed to produce modern lithium-ion batteries, much attention is focused on the cost of the materials used for EV battery cathode production. Cobalt is an important ingredient in lithium-ion battery cathode production, accounting for about a quarter of the cost of the battery. Source: DOE. 202103050.
from 2012 to 2018. The Africa/Middle East countries will see very little uptake due to the high cost of electric buses and infrastructure, the report finds. more than 10 electric bus original equipment manufacturers (OEMs). million kWh by 2018, a CAGR of 42%. kWh in 2012 to over 1 million kWh in 2018, a 57% CAGR.
T&E estimates this to be equivalent to around 9% market share of new registrations in 2018. The are currently about 1,600 electric buses are on European roads, with another 1,600 on order (as of mid-2018). Nearly half of delivered and ordered electric buses come from three manufacturers: BYD: 600 units sold and a 20% market share.
Volkswagen of America is in the process of rolling out its all-new long wheelbase 2018 Volkswagen Tiguan ( earlier post ). As with the all-new 2018 Volkswagen Atlas full-size SUV ( earlier post ), the new Tiguan is based on Volkswagen’s Modular Transverse Matrix (MQB) architecture. Significance of the 2018 Tiguan.
2018, up from $3.2 Local power generation is becoming more valued as people realize that the cost of conditioning electricity for the grid is an unnecessary expense in local power environments. The use of hydrogen and the manufacture of hydrogen in refinery environments could become significant aspect of markets, the report suggests.
LeMond Composites, founded by three-time Tour de France champion Greg LeMond, has licensed a low-cost, high-volume carbon fiber manufacturing process developed at the US Department of Energy’s Oak Ridge National Laboratory (ORNL). Earlier post.) ORNL began accepting license applications in March 2016. —Greg LeMond.
In addition, Lightning eMotors is the only electric van manufacturer that supports wheelchair lifts, custom floor rails, and custom bus doors. We are the only manufacturer to offer a CARB-certified electric van in the Class 3 segment. —Tim Reeser, CEO of Lightning eMotors.
In the product launch event, Yang Hongxin, General Manager of SVOLT, said that the NMx battery cell rivals the NCM811 cell in performance, while reducing the cost of materials by 5%-15% and the cell balance of materials (BOM) cost by around 5%, and allows the materials to rise above strategic resources. SVOLT product roadmap.
The CP hydrogen-powered locomotive pioneering project, first announced in December 2020, will retrofit a line-haul diesel freight locomotive with hydrogen fuel cells and Leclanché's European-manufactured lithium-ion batteries to power the locomotive's electric traction motors. million in 2018 versus 2017.
Among the key takeaways of the 2018 report: This year, CARB approved a package of updates to the Low Carbon Fuel Standard (LCFS) regulation and included a new provision for Hydrogen Refueling Infrastructure (HRI) credit generation. There are 5,658 FCEVs sold or leased in California as of 1 December 2018.
de Vries (2018). Economic principles suggest that the entire Bitcoin network will eventually reach an equilibrium in which the costs of the hardware and electricity used to mine equal the value of the Bitcoin being mined. de Vries, (2018), “Bitcoin’s Growing Energy Problem,” Joule doi: 10.1016/j.joule.2018.04.016.
The funds will be spent on building plants for fuel cell vehicles and fuel cell stacks, manufacturing fuel cell buses and developing hydrogen storage systems. Some 125 billion won (US$112 million) will go to supporting R&D for major components such as the fuel cell stack.
The US Department of Energy (DOE) released its five-year 2014-2018 Strategic Plan. Reduce the cost of transportation fuel cells by more than 25% to meet the 2020 target of $40/kilowatt and durability of 5,000 hours and efficiency of 60%. Reduce the cost of plug-in vehicle battery technology to $300/kWh by 2015 and $125/kWh by 2022.
A new analysis of the cost of current (2017) direct hydrogen fuel cell vehicles by a team from the Department of Energy, Argonne National Laboratory and Strategic Analysis found the lowest estimated system cost to date for high annual production rates. The analysis is published in the Journal of Power Sources.
European Light Commercial Vehicle Sales 2018. Source: IDTechEx Electric Vans 2020-2030, ACEA. IDTechEx says that the light commercial vehicle market is uniquely positioned to rapidly transition to electric vehicles. Forecast eLCV share of total global LCV market revenue.
Our role as scientists is to provide the evidence for how best to move towards a zero-carbon economy—society needs to understand that there is a raw material cost of going green and that both new research and investment is urgently needed for us to evaluate new ways to source these. million cars that requires 22.5
The collaborations will enable Hyundai to expand its hydrogen infrastructure and enhance the efficiency of its fuel cell electric vehicle (FCEV) manufacturing. Our investment in these innovative companies will reduce the production cost of FCEVs and enhance the safety and affordability of hydrogen infrastructure. GRZ Technologies.
billion in the third quarter of 2018, down 6% from the same period last year, according to the latest Clean Energy Investment Trends report from research company Bloomberg NEF (BNEF). We’re seeing more companies raising funds as they look to make the jump from concept cars to high-volume manufacturing. —Colin McKerracher.
Within the framework of the initiative, the E-Mobility Group is bringing together the main players—e-truck customers, power grid operators, energy suppliers, charging hardware manufacturers and charging software providers—thus promoting shared infrastructure solutions for truck customers within the network.
Lithium-ion batteries were once expensive and suited only to niche applications, but they are now being manufactured in such volumes, their costs are coming down much faster than the competing storage technologies. We have found that lithium-ion batteries are following in the footsteps of crystalline silicon solar panels.
Con Edison and its partners have begun sending power from the bus batteries into its grid, a milestone in a vehicle-to-grid (V2G) demonstration project Con Edison began in 2018. The White Plains school district put the buses on the road for the 2018-2019 school year and has found them to be reliable transportation. Earlier post.).
Investments in property, plant and equipment, investment property and intangible assets, excluding capitalized development costs (capex) in the Automotive Division will amount to €64.3 billion (US$80 billion), on a level with the planning approved in the previous year for the period from 2014 to 2018. billion (US$51.3
a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. On November 28, 2018, as the first step in the relationship, a subsidiary of Duke Energy purchased 615,000 Panasonic battery cells for $1.3 Workhorse Group Inc.,
Toyota shared highlights of new internal research evaluating the environmental impact and cost of ownership between a PHEV and a BEV. For this research, Toyota created a tool that shows the trade-off between GHG Emissions and Total Cost of Ownership. Manufacturing is a component of GHG emissions.
The main driver for the electrification trend over the next 20 years will be further sharp reductions in EV battery costs, making electric cars cheaper than internal combustion engine (ICE) alternatives by the mid-to-late 2020s in almost every market, on the basis of both lifetime costs and upfront costs.
According to analysis by the Carbon Trust, a cost of below $36/KW is where future fuel cell vehicles (FCVs) are expected to be able to compete with internal combustion engine cars at mass-manufactured volumes on a total cost of ownership basis. DOE says that 2011 costs are $49/kW. Source: US DOE. Click to enlarge.
Addressing the proliferation of electronic control units (ECUs) in vehicles, Visteon Corporation is preparing to launch an industry-first, automotive-grade cockpit domain controller with a European automaker on a global vehicle program in 2018. —Visteon President and CEO Sachin Lawande.
Scheduled to be placed in service in late 2018, the buses will be designed and built in California at Proterra’s Los Angeles County manufacturing facility. In addition to traveler benefits, the operational cost of electricity, at $.19/mile, Funded in part by a $3.8-million 19/mile, is substantially lower than diesel, at $.84/mile.
Attaining environmental benefits and lower cost of ownership are driving more commercial fleets to electrify, according to a new study by UPS and GreenBiz. A lower total cost of ownership—factoring in both direct and indirect costs and savings over the life of the vehicle—is the second biggest driver, cited by 64% of respondents.
Methanol fuel cell developer and manufacturer Blue World Technologies ( earlier post ) is starting limited production—the first step in commercializing its methanol fuel cell technology. The fundamental chemical process, which takes place in the reformer is: CH 3 OH + H 2 O ?
Ltd (JMCG) in 2018. Mobilize packages will also include various services such as manufacturer-backed warrantees, maintenance, insurance, and charging solutions. Available solely on subscription, the offer will include packages and à la carte mobility solutions. Mobilize Limo. Limo is 4.67 m long, 1.83 m wide, and 1.47
In addition to developing energy storage systems, ION will also license its proprietary and chemistry-agnostic battery management systems and software applications to other battery-manufacturers and OEMs. The company formally launches at The Battery Show Europe 2018 with growing list of key customers.
Alstom is a pioneer of hydrogen technology, having introduced the Coradia iLint to the German market in September 2018 ( earlier post ). In November, Alstom signed a collaboration agreement with Liebherr – Aerospace & Transportation SAS, a France-based company specializing in the manufacture of compressors for fuel cells.
During his presentation at the TDI Efficiency Rally, UMTRI researcher Bruce Belzowski first presented a summary of his analysis of the total cost of ownership of diesels with a comparison to that of their gas vehicle counterparts. marketshare by 2018—i.e., share and volume are expected to more than double from 2013 to 2018.
The fleet of 40kWh Nissan LEAFs, which can travel up to 168 miles on a single charge and are manufactured in Sunderland, will be offered to drivers as part of Uber’s Clean Air Plan. Through the Clean Air Plan, drivers will on average save £4,500, depending on the miles they’ve driven, off the cost of switching to an electric car.
The roadmap suggests the steps necessary to move from the pre-commercial phase of fuel cell electric bus (FCEB) deployment and manufacturing (2012-2015) to the early commercial phase (2016- 2017) to a commercial model in 2018 and beyond, including the requisite fueling infrastructure. million (vehicle cost only). sources.
A backstop to assure continued production of super ultra-low-emission vehicles after PZEVs as a category are moved from the Zero-Emission Vehicle program to the LEV program in 2018. ARB staff proposes that many of the technologies that reduce climate change emissions will also reduce the operating costs of light-duty vehicles.
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