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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. Source: DOE.

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Fraunhofer analysis finds battery-electric trucks have energy cost advantage over hydrogen trucks

Green Car Congress

The decisive factor for the switch to battery-electric vehicles is the energy cost advantage compared to hydrogen and diesel. They exceed the purchase costs many times over. The better the vehicles are utilized, the more intensively, longer and more regularly they are used, the greater the energy cost advantage of e-trucks becomes.

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ICIS: EU Hydrogen Bank could bring renewable hydrogen costs below €1/kg

Green Car Congress

ICIS assessment data from 4 April shows that renewable hydrogen produced using a 10-year renewable power purchase agreement (PPA) starting in 2026 in the Netherlands would cost €4.58/kg kg of hydrogen would be needed to achieve capital cost recovery, meaning the producer would need to charge buyers less than €1/kg to ensure project breakeven.

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UT El Paso-led team designs cactus-inspired low-cost, efficient water-splitting catalyst

Green Car Congress

Researchers led by engineers at The University of Texas at El Paso (UTEP) have proposed a low-cost, cactus-inspired nickel-based material to help split water more cheaply and efficiently. The material is described in a paper in the journal ACS Applied Materials & Interfaces. who led the study.

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VW shows low-cost ID. 2all concept FWD MEB EV; “spacious as a Golf, inexpensive as a Polo”

Green Car Congress

The Volkswagen brand provided a first glimpse of an all-electric Volkswagen with a starting price of less than €25,000: the ID. 2all concept car.

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Telo electric truck costs $41,520 for 260 miles of range

Green Car Reports

When the MT1 was unveiled in 2023, Telo said it would launch in dual-motor all-wheel drive form at a cost of $49,999 before incentives. California-based Telo Trucks on Tuesday confirmed a lower base price for its space-efficient MT1 electric pickup.

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Replacing an EV battery may cost less than fixing a gas engine by 2030

Green Car Reports

The potential high cost of EV battery replacements is a major worry for new-car shoppers, but that likely won't be the case for long, according to battery-analysis firm Recurrent.

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