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Lithium-Ion Battery Pack Prices See Largest Drop Since 2017: BNEF

The latest analysis from BloombergNEF (BNEF) said that battery prices this year, in 2024 saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour, according to the research. BNEF identified a decline in cell manufacturing overcapacity, economies of scale, low metal and […]

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Geotab Study On EV batteries Underscores Second Life Potential

Battery degradation is a natural process that reduces the amount of energy a battery can store or the power it can deliver. In electric vehicles (EVs), however, power degradation is rarely noticeable because the battery’s power output often exceeds the vehicle’s requirements, as found in a research paper by Geotab, a global market transportation solutions […]

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Stellantis, Zeta Energy To Develop Lithium-Sulfur EV Batteries

Stellantis N.V. and Zeta Energy Corp have announced a joint development agreement aimed at advancing battery cell technology for electric vehicle applications. The partnership aims to develop lithium-sulfur EV batteries with game-changing gravimetric energy density while achieving a volumetric energy density comparable to today’s lithium-ion technology. For customers, this means potentially a significantly lighter battery […]

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5 Reasons Solar Customers Await 2025 With Some Trepidation

2024 is set to go down as the best year on record for solar in India, with total capacity additions set to cross a record 22 GW during the year. For the financial year (April to March) as well, capacity additions could be even higher, possibly touching 24 GW or more. But behind the record […]

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Maharashtra, Tamil Nadu Remain Leaders In EV Manufacturing: Data

Maharashtra and Tamil Nadu remained the biggest beneficiaries of the Union government’s Production Linked Incentives (PLI) scheme for the automobile sector. The latest data from the Ministry of Heavy Industries indicated that these states became the hotspots for investments in electric vehicle (EV) manufacturing under the scheme.  Union Minister for Heavy Industries and Steel HD […]

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Govt Issues Draft EV Guidelines To Unify Charging Infrastructure

The Ministry of Power (MoP) recently notified an amendment to the draft guideline for the installation and operation of Electric Vehicle (EV) charging Infrastructure. Earlier this year, MoP issued an alternate facility to power the electric vehicles in separate draft guidelines and laid down separate draft guidelines to install and operate battery swapping and charging […]

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Honda To Offer Activa Electric With Swappable Batteries, Bookings From Jan

The electric version of Honda’s Activa model will be available for booking from January 2025, the company said. Honda Motorcycle & Scooter India (HMSI) has now ushered into the next era of mobility with the introduction of ‘ACTIVA e:’ and ‘QC1’ in the electric vehicle segment. The unveiling of the Activa brand in an all-new […]

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US Allocates $1.3 Bn To Boost Lithium-ion Domestic Manufacturing

To meet the growing domestic demand for electric vehicles (EVs), the United States (US) government has allocated a loan to finance a new facility in Terre Haute, Indiana, for manufacturing of lithium-ion battery separators. The government recently allocated a $1.3 billion direct loan ($1.2 billion in principal and $139.3 million in capitalized interest) to ENTEK […]

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