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, accordi…
Tag: Batteries
Reader question: Are LFP batteries better than NMC?
The new Xpeng G6 offers 2 models. The base model has a LFP battery and the top model has a NMC battery with bigger range. Other than range what are the benefits of one over the other?
The post Reader question: Are LFP batteries better than NMC? appeare…
Report: US may undercut China on batteries by 2030
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 momen…
China’s CATL open to building US battery plant if Trump allows
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 suppli…
Electric Mazda SUV arriving in 2027, CX-5 hybrid under development
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 alre…
Honda takes battery-swapping beyond Asia, eyes delivery services
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 Tu…
Tesla Roadster battery replacement cuts 400 pounds, half the space
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 unv…
LG shifting Ford Mustang Mach-E battery production to Michigan
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 Mu…
Stellantis to use solid-state batteries in Dodge Charger Daytona demo fleet
European car giant Stellantis to launch a fleet of new Dodge Charger Daytona which will be equipped with solid-state batteries that weigh less and last longer.
The post Stellantis to use solid-state batteries in Dodge Charger Daytona demo fleet appear…
CATL introduces mixed-chemistry battery for PHEVs with fast-charging
Mix of lithium-ion and sodium-ion chemistries allow improved cold-weather performance Might allow 200 miles or more of electric range, regain 70% of total range in just 10 minutes at fast-chargers Has overcome longevity issues of former sodium-ion pack…
