article thumbnail

Battery revolution! Has Stellantis cracked the code for super-cheap EVs that will undercut ICE?

EV Central

The global auto giant Stellantis has done a deal with a French battery-maker to secure fresh sodium-ion battery technology for its future EVs that could see electric cars finally undercut petrol cars on purchase price. Not that sodium-ion batteries are perfect, not just yet at least. READ MORE: Range anxiety solved?

Cheap 93
article thumbnail

Benchmark: China dominates Li-ion battery supply chain

Green Car Congress

China dominates the global Li-ion battery supply chain to the extent that removing the country in favor of European or North American alternatives will be difficult, according to analysis by Benchmark Minerals Intelligence. Despite mining less than 10% of the global supply, China refines 95% of it.

Li-ion 293
article thumbnail

A cheap Toyota EV? Not right now, the company says

Baua Electric

Toyota has no current plans to launch a cheap EV despite demand building. Toyota says no small, cheap EV is in the works Although many automakers, including VW, Stellantis, and Kia, have revealed plans to launch low-cost EVs under $30,000 (£25,000), Toyota says not so fast. million vehicles globally last year.

Cheap 52
article thumbnail

IIASA-led study proposes Underground Gravity Energy Storage as long-term energy storage solution for renewables

Green Car Congress

While there are many effective solutions for daily energy storage, the most common being batteries, a cost-effective long-term solution is still lacking. Other energy storage methods, such as batteries, lose energy via self-discharge over long periods. An open-access paper on the work is published in the journal Energies. Dabek, P.B.,

article thumbnail

Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. NEO 2018 sees $11.5

Wind 220
article thumbnail

Pick me up! Fiat reveals the wild cheap electric ute that will spearhead its reinvention in Australia

EV Central

Fiat has ignored this week’s Geneva motor show and instead gone it alone revealing five all-new radical concepts including a battery-powered ute that it hopes will forge a new path to success in markets such as Australia. Commenting on the five new concepts, Fiat chief executive Olivier Francois said: “Fiat is a global brand with 1.3

Cheap 88
article thumbnail

BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

Green Car Congress

The total demand for batteries from the stationary storage and electric transport sectors is forecast to be 4,584GWh combined by 2040, providing a major opportunity for battery makers and miners of component metals such as lithium, cobalt and nickel. Global cumulative energy storage installations. Source: BloombergNEF.