Executives at two leading battery makers said this week that the cost of lithium-ion batteries is steadily declining, and could well drop to half of today’s price by 2020. “We have an internal target to go down by at least a factor of two by 2020,” said LG Chem Power CEO Prabhakar Patil, at this… Read more »
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BMW i3: The launch of many firsts
When you’re writing about the dawn of a new industry, “firsts” and “milestones” come along so often that they may start to lose their novelty. However, the BMW i3, which was officially “launched” in July, and is scheduled to go on sale next year, boasts an impressive number of innovations that has the EV press… Read more »
EV sales surge puts Panasonic battery division back in the black
Panasonic’s lithium-ion battery division is seeing a dramatic turnaround, mostly thanks to healthy sales of Tesla’s Model S, according to Lux Research. In the second quarter of 2013, the Li-ion division made about $40 million in profits, compared to a loss of $20 million in Q2 2012. Panasonic plans to invest $200 million over the… Read more »
Plug-in fleets: small challenges, huge savings
Four plug-in truck companies talk to fleet managers about electrification opportunities Plug-in vehicles are different. Aside from the obvious changes in technology, they present a different financial model for corporate number crunchers. This means some challenges for those pitching EVs and PHEVs to fleet operators. Fortunately for the EV industry and the fleets of the… Read more »
Nissan says Infiniti LE delayed, not dead
Andy Palmer, Nissan’s head of global planning, said this week that the Infiniti LE has been delayed to give the company more time to develop the vehicle’s battery and charging technology. EV watchers have been eagerly anticipating the LE since the concept was unveiled at the 2012 New York Auto Show. In June, however, Infiniti’s… Read more »
A new LEAF, localized manufacturing, and a focus on infrastructure
With a longer range and a lower price, the 2013 Nissan LEAF screams upgrade, but it’s only one small aspect of the company’s aggressive EV strategy. Proprietary, localized manufacturing and improved infrastructure also play key roles in Nissan’s plan for world domination electrification. Sometime back in the 60s, Mr or Mrs Ghosn must have put… Read more »
Detroit Electric unveils “world’s fastest” production EV
Fans of electric speed, who were sad to see the Tesla Roadster go out of production, can celebrate today, as Detroit Electric has unveiled the SP:01, a limited-edition, two-seat electric sports car that looks like a worthy successor. The rear-wheel-drive speedster boasts a maximum velocity of 155 mph, and does 0-62 in 3.7 seconds. It… Read more »
Mercedes B-Class EV comes to US in 2014, S-Class PHEV in the pipeline
The German automakers are plugging in. Audi introduced its first PHEV, the A3 Sportback e-tron, in Geneva in February, and VW has promised an electric version of its blockbuster Golf later this year. Now Mercedes has unveiled its B-Class Electric Drive at this week’s New York Auto Show. Daimler hasn’t offered many details, but it seems that… Read more »
Smith Electric Vehicles: the long haul and the short end of the stick
Smith sees a bright future in electric trucks on the horizon, but must wade through a sea of speculation to get there. All Smith Electric Vehicles Corp. wanted was a long-term growth strategy that would let the company scale up production of its all-electric, zero-emission medium-duty trucks at the same time that it beefed up… Read more »
Rich Byczek on delayed battery overheating and stranded energy
(This article originally appeared in Charged Issue 6 – JAN/FEB 2013) EV standards gaps: Intertek’s Rich Byczek on two of the biggest safety concerns centered around batteries. The EV industry is young and evolving quickly – too quickly, in some cases, for the standards community to keep up. The competing charging standards provide the most obvious example. There are… Read more »