Battery prices dropped to $156/kWh in 2019: BloombergNEF
Battery prices, which were above $1,100 per kilowatt-hour in 2010, have fallen 87 percent to $156/kWh in 2019.
By 2023, average prices will be close...
BEV growth to pose challenge and opportunity on energy sales
Battery Electric Vehicle (BEV) sales is expected to grow from 1.3 percent in 2018 to 16.4 percent in 2029, creating an Electric Vehicle (EV)...
Volkswagen to invest $66 bn to develop electric and hybrid cars
Volkswagen will invest 60 billion euros or $66.12 billion by 2024 to develop electric and hybrid cars as well as digital technologies.
Volkswagen, the multi-brand...
EDF to buy electric vehicle charging firm Pivot Power
French state-controlled energy group EDF has agreed to buy Pivot Power, a British start-up company that specializes in battery storage and infrastructure for electric...
Honda Motor to phase out diesel cars by 2021
Honda Motor said on Monday it would phase out all diesel cars by 2021 in favor of models with electric propulsion systems.
The Japanese automaker...
EV startup Rivian to supply 100,000 electric vans to Amazon
Electric vehicle startup Rivian Automotive will be supplying 100,000 electric delivery vans to Amazon.com, one of its investors.
Rivian has begun commercial production of electric...
EV battery material firm CNGR to increase capacity
Electric vehicle (EV) battery material firm CNGR Advanced Material is enhancing capacity to achieve more market share.
The move comes as the EV battery market...
Daimler to source lithium ion battery cells from Farasis Energy
Daimler has signed a deal to buy lithium ion battery cells from Farasis Energy, a Chinese-American supplier.
Farasis Energy is building a factory in east...
Ford to unveil 8 electric vehicles this year
Ford Motor Co said on Tuesday it was launching 17 electric vehicles in Europe by 2024, including eight this year.
The automaker said it expects...
New energy vehicle sales in China, Europe and US
New energy vehicles (NEVs) represented 7 percent of all new passenger car sales in China in Q2 2019.
NEVs (electric, fuel cell and plug-in hybrid...
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