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Study: EV battery prices to drop by 50% by 2026

Green Car Reports

EV battery prices have been falling, and they could decline even more steeply over the next two years, according to a new Goldman Sachs report. On the pack level, global average battery prices declined from $153 per kwh in 2022 to $149 in 2023, according to the report, which predicts that they'll continue dropping to $80 per kwh by 2026.

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Tesla’s top battery supplier says Elon doesn’t know how to make battery cells

Electrek

Tesla’s top battery cell supplier, CATL, is throwing some cold water on Tesla’s battery plans and the CEO even said that Elon Musk “doesn’t know how to make battery cells.”

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Rivian R2 will get Arizona-made batteries from LG

Green Car Reports

Batteries bound for U.S. Rivian R2 models will come from Arizona LG will supply Rivian with 67 gigawatt-hours over five years 4695 format is set to be shared with R3, R3X Next-generation cylindrical battery cells for the Rivian R2 SUV will come from LG Energy Solution and its Arizona plant, the battery supplier and U.S.

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Mercedes-Benz opens battery recycling plant in Germany

Green Car Reports

As automakers continue to ramp up EV production, they're already thinking about what to do with battery cells once vehicles reach the end of their useful lives. To that end, Mercedes-Benz opened a battery recycling center in Germany.

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Chevrolet Bolt EV recalled again to fix possible battery fire

Green Car Reports

The latest recall addresses the failed software fix for the previous Bolt EV fire recall The software fails to prevent the battery from overheating The recall is limited to 107 Bolt EV and Bolt EUV models General Motors is once again recalling the Chevrolet Bolt EV because the installation of diagnostic software to address a previous battery-fire.

Chevrolet 188
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LG shifting Ford Mustang Mach-E battery production to Michigan

Green Car Reports

Ford Mustang Mach-E battery production will move from Poland to Michigan The move will translate into federal EV tax credit eligibility The Ford Mustang Mach-E is assembled in Mexico LG Energy Solution will shift production of batteries for the Ford Mustang Mach-E from Poland to Michigan in 2025, checking a box for federal EV tax-credit.

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Tesla Roadster battery replacement cuts 400 pounds, half the space

Green Car Reports

Re/Cell, which specializes in remanufacturing EV battery packs, recently unveiled a replacement Roadster battery pack that's 400 pounds lighter than the original and takes.

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