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

Green Car Congress

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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Hyundai and Kia launch new LFP battery project for lower-priced EVs

Baua Electric

South Korea’s leading automakers are doubling down on their efforts to cut EV costs with new battery tech. Hyundai and Kia are teaming up to develop LFP battery materials to power up lower-priced EVs. EcoPro BM will then use the tech to develop LFP battery cathode material. With BYD’s 11.9% of the worldwide market in Q2.

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Tesla shares battery info on upcoming affordable compact vehicle

Teslarati

The company shared battery information about its upcoming Tesla compact vehicle in Master Plan Part 3. Tesla revealed that one of its next-generation vehicles will be a compact car using lithium iron phosphate cells in a 53 kWh battery pack. 2 , an affordable compact EV around the same price range.

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Honda asks: Could leased batteries lead to more affordable EVs?

Baua Electric

The joint venture company called Altna , announced Thursday, has been formed as a 50:50 venture between Honda Motor Co. Honda N-VAN e commercial EV Leases for the vehicle’s battery will be worked around the assumption that when they reach “end-of-life” for vehicle use, the batteries will be used and managed as grid storage batteries.

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The ‘most affordable’ DIY e-bike kit company just launched a new $349 version

Baua Electric

Swytch, makers of the self-proclaimed “most affordable” electric bike conversion kits out there, announced its newest model this morning. The UK-based company’s new Swytch GO kit comes with a super low pre-order price of just £299 (or US $349 for North American customers), though there’s a bit of a catch. Weighing between 2-2.6

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Mercedes-Benz eVito Tourer now available with a lower capacity battery variant

Green Car Congress

For more than a year, the Mercedes-Benz eVito Tourer battery-electric van has demonstrated its suitability for daily operations—be that as a hotel shuttle vehicle, a high-capacity taxi or a vehicle for on-demand mobility concepts in public transport. The range of the eVito Tourer with a 60 kWh battery is 217-239 km (135-149 miles).

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Volkswagen aims to debut new affordable electric vehicles in 2027 with prices around $22,000

Baua Electric

The new affordable VW EVs are expected to be priced around $21,800 (20,000 euros). VW still aims for affordable EVs to debut in 2027 After walking away from its partnership to develop an entry-level EV (20,000 euro) with Renault, Volkswagen is going solo. VW said last week it was still looking at its options for affordable EVs.