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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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DOE releases Energy Storage Grand Challenge Roadmap; 44% reduction in manufactured cost for 300-mile EV pack by 2030

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In addition to concerted research efforts, the Roadmap’s approach includes accelerating the transition of technologies from the lab to the marketplace, focusing on ways to manufacture competitively technologies at scale in the United States, and ensuring secure supply chains to enable domestic manufacturing.

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BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

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In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewable electricity is set to fall faster than it previously estimated. MMBtu) by 2050 in most modeled markets. MMBtu) by 2050 in most modeled markets. The key driver is the falling cost of solar PV electricity.

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Hydrogen Council report finds cost of hydrogen solutions to fall sooner than previously expected

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The Hydrogen Council has published a new report, Path to Hydrogen Competitiveness: A Cost Perspective , demonstrating that the cost of hydrogen solutions will fall sharply within the next decade, sooner than previously expected. Drop in the cost of components for end-use equipment under scaling up of manufacturing.

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FCA US reaches settlements on diesel emissions at estimated cost of $800M

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The estimated total cost of settlements is $0.8 Customer compensation, the estimated future cost of the extended warranty and the cost of environmental mitigation efforts also account for approximately $400 million, bringingbthecestimated total to $800 million.

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SOFC-maker Bloom Energy announces initial strategy for hydrogen market entry; partnership with SK

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Solid-oxide-fuel-cell manufacturer Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. The Bloom Energy Servers are a proven market leader in clean, reliable, and resilient on-site power.

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ABB Robotics auto manufacturing survey finds 59% of respondents believe EV adoption targets not achievable within regulatory timelines

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A global Automotive Manufacturing Outlook survey commissioned by ABB Robotics and industry publication Automotive Manufacturing Solutions found that more than half (59%) of respondents believe the shift to pure electric vehicle production is not achievable within current legislative timelines.