EV battery pack prices fell 13% in 2020, some are already below $100/kwh

Mercedes-Benz battery productionElectric-car battery-pack prices have fallen 13% in 2020, in some cases reaching a crucial milestone for affordability, according to an annual report released Wednesday by Bloomberg New Energy Finance (BNEF). Average prices have dropped from $1,100 per kilowatt-hour to $137 per kwh, decrease of 89% over the past decade, according to the analysis...

QuantumScape battery tech: A fast-charging electric-car game-changer?

Volkswagen ID Space Vizzion conceptVolkswagen-backed startup QuantumScape on Tuesday revealed new data showing the capabilities of its solid-state battery tech. Several companies are working to develop solid-state batteries, which use a solid electrolyte instead of the liquid or gel used in current lithium-ion battery cells. But QuantumScape claims to be ahead of competitors in...

Nio offers 100-kwh battery pack, more range in subscription-based upgrade

Nio 100-kwh battery packChinese automaker Nio on Friday unveiled its first 100-kilowatt-hour battery pack, which will be offered as a subscription-based upgrade to existing vehicles, with "pre-orders" opening November 7. This adds to Nio's "battery as a service" model that involves purchasing the vehicle but paying a monthly fee for the use of the battery pack. That was...