Remove Batteries Remove Battery Remove Cost Of
article thumbnail

IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

Green Car Congress

The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. Cost is the name of the game.

article thumbnail

Bombardier (now Alstom) to convert AGC hybrid trains to full battery power

Green Car Congress

To help France meet its sustainability targets, Bombardier will now convert AGC hybrid trains to full battery power. The partners will modify existing AGC trains into battery-operated trains to help decarbonize French rail transport. The range in battery mode will be at least 80 kilometers.

article thumbnail

DOE: cobalt is the most expensive material used in lithium-ion battery cathodes

Green Car Congress

With the accelerating transition to electric vehicles (EVs), demand for the materials used to produce batteries will increase significantly and rapidly. Aside from the lithium needed to produce modern lithium-ion batteries, much attention is focused on the cost of the materials used for EV battery cathode production.

article thumbnail

Great Wall Motor battery offshoot SVOLT premieres Li-ion battery lineup, targeting EVs

Green Car Congress

New battery company SVOLT Energy Technology Co. Ltd, whose precursor was the Battery Business Unit of Great Wall Motor Co. Ltd, introduced its cobalt-free lithium-ion battery cell (NMx) and four-element lithium-ion battery cell (NCMA). SVOLT product roadmap. Two billion euros ($2.24 seconds in one single station.

Li-ion 409
article thumbnail

DOE estimates EV battery pack costs in 2022 nearly 90% lower than in 2008

Green Car Congress

The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). The decline in cost is due to improvements in battery technologies and chemistries, and an increase in manufacturing volume.

2008 475
article thumbnail

Meta Materials acquires assets and IP of Optodot; battery separators and coating technology

Green Car Congress

Optodot is a developer and licensor of nano-composite battery separators and infrared optical coating technologies, based in Devens, Massachusetts. META’s Advanced Materials and Battery Products group will continue joint development, licensing, and manufacturing scale-up of Optodot’s technology in partnership with leading OEMs.

Battery 481
article thumbnail

IONETIC launches EV battery pack design platform

Green Car Congress

IONETIC , a UK start-up specializing in electric vehicle (EV) battery pack technology, launched its EV battery pack design platform, which the company says can cut the development cost and time for automotive manufacturers bringing a new electric vehicle to market. IONETIC’s battery modules have an energy density of 226Wh/kg.

Design 418