UBS Predicts EV Price Parity In 2024
Analysts at UBS say electric cars should reach price parity with conventional cars by the end of 2024.
Analysts at UBS say electric cars should reach price parity with conventional cars by the end of 2024.
General Motors says it is making good progress toward new batteries with higher energy density and lower costs. It will use pouch cells manufactured at a new factory shared with LG Chem in Lordstown, Ohio.
Solar One is an organization that I’ve experienced first hand. An active force in clean urban transition, in particular aiding low-income households, it deserves support. Both organizations I met with in NYC — Solar One and WE ACT — had individuals reflecting the relaxed as well as energetic personalities necessary to make something work, really work.
A new Rocky Mountain Institute report released the end of October, Breakthrough Batteries Powering the Era of Clean Electrification, continues to confirm that clean electrification of transport technology is advancing at an impressive rate.
Tesla today announced the completion of its acquisition of the battery and supercapacitor company Maxwell Technologies. This has been on the cards since early February and is in line with the recent timeline given in Tesla’s Q1 investor call. Maxwell’s battery dry electrode manufacturing process has already been piloted by Tesla, and will allow significant battery cost reductions and energy density improvements.
Below is an excerpt fromInsane Mode: How Elon Musk’s Tesla Sparked an Electric Revolution to End the Age of Oil by Hamish McKenzie.*
An analysis by UBS finds Tesla’s cost of producing EV batteries is 20% less than its nearest competitor, a clear advantage for Tesla going forward.
Australia has one of the highest rates of rooftop solar penetration in the world. This fact (combined with a few other factors detailed below) has arguably made Australia the biggest hot spot for home battery storage in the world — both in terms of hype as well as actual technology uptake.
Reading, seeing, watching, or listening to what passes off as news these days can inevitably bring a sense of doom, uncertainty, and fear (FUD) that some politicians love to bathe in to justify their middlemen role and push whatever pet project they have for their business buddies. But there is also good quality news out there if you let independent journalists communicate what they know best, fields they master for the purpose of bringing more light to important matters.
GM’s CEO, Mary Barra, tells the press that her company will basically split into two separate divisions — one building electric cars for the world market in China, the other manufacturing trucks and SUVs in America.