article thumbnail

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

Green Car Congress

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.

article thumbnail

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

Green Car Congress

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.

article thumbnail

Faradion receives first order for sodium-ion batteries for Australian market

Green Car Congress

the leader in sodium-ion (Na-ion) battery technology, has received its first order from ICM Australia for high-energy sodium-ion batteries for use in the Australian market. ICM Australia expects a range of Faradion sodium-ion batteries to be available for the Australasian market later in the year. UK-based Faradion Ltd.,

Sodium 410
article thumbnail

Hyundai Motor to expand XCIENT fuel cell truck entry into US market

Green Car Congress

Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. With the US government’s significant investment and more players entering the hydrogen market, the total cost of ownership (TCO) for fuel cell electric vehicles will drop significantly in the coming years, Hyundai says.

Hyundai 468
article thumbnail

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

Green Car Congress

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.

Hydrogen 386
article thumbnail

Large differences among the recent increases in the cost of powering gasoline, diesel, and electric vehicles

Green Car Congress

This post examines the recent changes in the costs of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. by Michael Sivak, Sivak Applied Research.

article thumbnail

Cornell team develops framework for incorporating wireless charging road system into real-time electricity market

Green Car Congress

Researchers at Cornell have developed a coupled transportation–power system framework for incorporating a wireless charging road system into the real-time electricity market. In addition, they propose an optimization-based control strategy to manage the energy storage system in a cost-efficient manner. —Shi and Gao (2022).