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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.

Price 469
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Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

Green Car Congress

Self Financial, a fintech company, has compared the running costs of electric and non-electric vehicles in each state. However, these annual costs don’t take into account the purchase cost of the vehicle itself and are purely the ‘running’ costs annually. per year to run—a difference of $633.94

Purchase 321
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Effenco launches ultracap-based heavy-duty all-electric system at a diesel price

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a Canada-based company specializing in the design of electric propulsion systems for heavy-duty vocational vehicles, has launched an all-electric system at the same purchase price as diesel alternatives. Développement Effenco Inc.,

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Lightning Systems lowers prices of electric powertrains while adding and enhancing features

Green Car Congress

Commercial electric vehicle manufacturer Lightning Systems is lowering the prices of its 2021 battery and fuel cell electric vehicles by 10 to 50% for Class 3 to Class 8 vehicles. In addition to lower prices, zero-emission vehicles from Colorado’s Lightning Systems also will have new features, including: High-speed Level 2 charging.

Price 476
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Canaccord reaffirms Tesla’s price target of $404 after Giga Texas visit

Teslarati

Canaccord Genuity reaffirmed its price target of $404 for Tesla after a visit to Gigafactory Texas. The firm’s first-quarter delivery estimates for Tesla reveal its optimistic take on the company’s future, even though it is still below the consensus estimate of ~417,000 vehicles.

Texas 133
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Honda secures auto industry’s largest renewable energy purchase; 60% reduction in CO2 from N.A. manufacturing operations

Green Car Congress

Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America. will deliver to the grid by the end of 2020.

Purchase 299
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SOFC company FCET signs MoU regarding purchase of fuel cells for locomotives

Green Car Congress

FCET ), a start-up energy technology company that has developed a novel, low-cost solid oxide fuel cell (SOFC) system, announced a memorandum of understanding (MOU) with NextGenPropulsion, LLC (NGP) indicating NGP’s intent to purchase FCET fuel cells for NGP light-rail trains and freight locomotives.

Purchase 225