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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.

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BYD NEV sales up 262.9% YOY in October

Green Car Congress

In particular, the New Energy Vehicle (NEV) sales reached 80,003 units, soaring 262.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. positioning BYD as a dominant player in China’s plug-in hybrid vehicles market. BYD sold 88,898 passenger vehicles in October, increasing 90.9%

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Ford to increase production of Mustang Mach-E in 2023, cut prices across the board

Green Car Congress

With its new EV supply chain coming online, Ford says it is significantly increasing production of the Mustang Mach-E this year to help reduce customer wait times and to take advantage of streamlined costs to reduce prices across the board, making Mustang Mach-E even more accessible to customers and keeping it competitive in the marketplace.

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Albemarle lithium net sales up 410% in Q4 2022 to $2.1B

Green Car Congress

Albemarle reported that its Q4 2022 lithium net sales increased $1.7 billion due to higher pricing net of FX (+328%) related to renegotiated contracts and increased market pricing. billion as higher pricing and volumes more than offset higher costs. billion (+410%) to $2.1 Adjusted EBITDA of $1.2

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Kia EV5 shows promise in the world’s largest EV market as brand sales top 20,000 again

Baua Electric

Kia is growing in China as most foreign automakers are rapidly losing market share. Foreign automakers like Toyota, Volkswagen, and GM are struggling to keep up with aggressive price cuts and an influx of new competition. kWh BYD Blade Battery, the EV5 gets up to 329 miles (530 km) CLTC driving range. The longer-range (88.1

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Kia EV3 sales top 4,000 in its first month on the market

Baua Electric

In its first full sales month, the company sold just over 4,000 EV3 models as the electric SUV hits new markets. Kia opened EV3 orders in June with starting prices at just $30,700 (KRW 42.08 Jeong Won-Jeong, vice president at Kia Corp, called the EV3 a game changer in its home market. Let us know in the comments below.

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Upgraded Tesla Model 3 Long Range Dual Motor AWD gets minor price increase

Teslarati

Just weeks after its initial release in North America, the upgraded Tesla Model 3 Long Range Dual Motor All wheel Drive (AWD) has seen a minor price increase. With the price increase in place, the Model 3 LR now starts at a price of $46,990. Previously, the vehicle was priced at $45,990 before options.