EV battery prices have been falling, and they could decline even more steeply over the next two years, according to a new Goldman Sachs report. On the pack level, global average battery prices declined from $153 per kwh in 2022 to $149 in 2023, according to the report, which predicts that they'll continue dropping to $80 per kwh by 2026. That's...
The U.S. could produce cheaper EV batteries than China by 2030, according to a new report by analysis firm Benchmark Mineral Intelligence (via Politico). But that depends on Biden administration policies undergirding current battery-manufacturing momentum staying in place. The cost reductions are dependent on tax credits from the Inflation...
Chines battery supplier CATL could build a plant in the U.S. The decision would hinge on whether Trump's administration allows the Chinese to enter the market CATL wanted to invest in the U.S. but to date the government's said no Chinese battery supplier CATL is open to building a U.S. factory if the incoming Trump administration allows it, the...
Mazda on Thursday provided an update on its powertrain development efforts, which will emphasize bringing more development work on all-electric and hybrid powertrains in-house going forward. After launching the low-range MX-30 crossover, which has already been discontinued in the U.S., with all-electric and range-extended powertrains, Mazda has...
Honda is looking to expand a battery-swapping service from Asia to Europe, but the focus will remain on two-wheeled vehicles like mopeds and scooters. The automaker currently offers battery-swapping in Japan, India, Indonesia, and Thailand, but in a Tuesday press release said it's now working with Swedish scooter rental startup GoCimo on testing...
A pesar de que Trump se ha opuesto a las políticas que favorecen a los vehículos eléctricos, si llega a la presidencia podría aliviar el escrutinio regulatorio de Tesla o proteger los créditos y subsidios lucrativos.
Although Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits and subsidies.
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.
As the second-generation Tesla Roadster remains on the drawing board, a Texas-based company has sketched out a new life for original Roadsters, while improving their handling. Re/Cell, which specializes in remanufacturing EV battery packs, recently unveiled a replacement Roadster battery pack that's 400 pounds lighter than the original and takes...
Ford Mustang Mach-E battery production will move from Poland to Michigan The move will translate into federal EV tax credit eligibility The Ford Mustang Mach-E is assembled in Mexico LG Energy Solution will shift production of batteries for the Ford Mustang Mach-E from Poland to Michigan in 2025, checking a box for federal EV tax-credit...