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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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Tesla on pace for early 2025 launch of new vehicles and affordable models

Teslarati

Tesla confirmed today that it is still set to launch new vehicles, including affordable models, in 2025. This confirmation is big news for the EV space, as the leader of the industry is ready to offer a competitive, sub-$30,000 option , and potentially even more vehicles that have been talked about in the past. market for some time.

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Greener Steel Production Requires More Electrochemical Engineers

Cars That Think

Thanks to the Hall-Héroult smelting process , which pioneered the electrochemical reduction of aluminum oxide in 1886, electrochemistry advancements made aluminum more available and affordable, rapidly transforming it into a core material used in the manufacturing of aircraft, power lines, food-storage containers and more.

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Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price.

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Simple process for the production of fuel additives from residual forest biomass

Green Car Congress

Researchers at the Université de Sherbrooke, Canada, with colleagues at the Université de Toulouse, France, have developed a process for the direct production of levulinates from cheap residual lignocellulosic biomass using an affordable homogeneous catalyst. This optimization led to a total production of levulinates of 78 wt%, 72.5

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

Baua Electric

Hyundai and Kia are teaming up to develop LFP battery materials to power up lower-priced EVs. As part of the initiative, the automakers are teaming up with Hyundai Steel and EcoPro BM, South Korea’s leading battery materials maker, to develop a precursor for LFP battery cathode material production. million won) in Korea.

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Ford Mustang Mach-E price cuts are proving affordable EVs are in demand

Baua Electric

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. Ford’s Mach-E turn rate continues to trail behind the industry average.