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

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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.

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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

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Researchers at Argonne National Laboratory, with colleagues from Lawrence Berkeley, Oak Ridge, and National Renewable Energy labs, and the University of Tennessee, have published a comprehensive analysis of the total cost of ownership (TCO) for 12 sizes of vehicles ranging from compact sedans up to Class 8 tractors with sleeper cabs.

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NREL report finds electrified heavy-duty vehicle powertrains could provide lower total cost of ownership than diesel under certain conditions

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A new total cost of ownership (TCO) study from the National Renewable Energy Laboratory (NREL) finds that battery-electric and fuel-cell electric commercial trucks could be economically competitive with conventional diesel trucks by 2025 in some operating scenarios.

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

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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.

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

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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.

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

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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.

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

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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.

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