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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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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. The trend is consistent with steady growth in availability and affordability. in January.

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Will EV tax credit price caps add urgency to arrival of affordable models?

Green Car Reports

Price caps included with a proposed revamped federal EV tax credit could put pressure on automakers to produce more affordable electric models, argues a new Bloomberg report. In its current form, legislation would add price caps of $55,000 for cars and.

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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

Green Car Congress

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit.

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Affordable, all-electric: The 5 lowest-priced new EVs in the US

Green Car Reports

Falling battery costs will soon help make EVs cheaper than combustion models—not just in overall ownership costs, but in up-front sticker price. But if you’re looking only for the lowest-priced new EVs on the market, without driving range a top priority, the options are surprisingly limited.

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BYD cuts price of most affordable EV to less than $A20,000

The Driven EV News

BYD reveals a refreshed version of one of the most affordable EVs with a starting price of under $A19,000. The post BYD cuts price of most affordable EV to less than $A20,000 appeared first on The Driven.

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Lucid reportedly developing three affordable EVs

Green Car Reports

Lucid has three affordable EVs in the pipeline The project "mid-size program" will encompass a crossover SUV, probably a sedan, and possibly a hatchback Lucid's model will put an emphasis on efficiency Lucid is developing three affordable EVs priced below the Air sedan and the upcoming Gravity SUV, CarBuzz reports.