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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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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ million of them—roughly 30% more units than conventional electric vehicle makers did.

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J.D. Power: US growing increasingly divided on EV adoption

Green Car Congress

On a nationwide basis, EV adoption rates have continued to rise steadily, with EV sales now representing 8.6% Luxury EVs Still Wield Outsize Influence on Affordability. Industry-wide, Tesla currently accounts for 63% of all EV sales year to date. of the total new-vehicle retail market. Methodology. Power EV Index and the J.D.

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California Clean Fuel Reward surpasses 250,000 point-of-sale financial incentives for EV buyers; More than $319M provided to EV customers

Green Car Congress

More than 250,000 Californians have now received a financial Clean Fuel Reward at the point of sale when they purchased or leased a plug-in electric vehicle—an important milestone for this program after only 18 months since it began. Of the total rewards, 21.2%

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

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MG cuts prices again on Australia’s most affordable electric SUV

The Driven EV News

Australia's most affordable EV sees another price cut amid stagnating sales across the new car sector. The post MG cuts prices again on Australia’s most affordable electric SUV appeared first on The Driven.

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Next 10-UC Berkeley study suggests additional tax revenue or income-based rate structure to make electricity more affordable for Californians

Green Car Congress

These high prices result from uncommonly large fixed costs that are bundled into kilowatt-hour prices and passed on to customers. Key findings from the report include: California IOUs’ prices for electricity are out of line with the rest of the country. The report examines a variety of implementation options for this model.