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DOE estimates EV battery pack costs in 2022 nearly 90% lower than in 2008

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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.

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Pike Research forecasts annual sales of electric bicycles to surpass 47M units by 2018; Li-ion battery share to climb to 12%

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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.

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ICCT Senior Fellow projects incremental manufacturing cost of hybrids can drop to ~$1,200 by 2020; subsequent surge in adoption to ~70% of new vehicle sales by 2030

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Future improvements in P2 hybrid systems should drop high-volume direct manufacturing costs 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).

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FCA US reaches settlements on diesel emissions at estimated cost of $800M

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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.

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KIT seeking to halve manufacturing costs of batteries and electric powertrains

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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).

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SolarEdge, Kokam open 2GWh cell plant in South Korea

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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.

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Pike forecasts sales of electric two-wheelers in Asia Pacific to reach more than 65M units in 2018; China dominates

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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.

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