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Posts Tagged ‘battery prices’

EV Battery Costs Dropping Faster than Predicted

China bus maker inks $1 billion deal with Michigan battery maker.

by on Mar.25, 2015

The HK Group is taking advantage of falling EV battery prices for its city buses.

Don’t look now but the price of batteries packs are coming down.

Battery cell costs will fall about 8% a year, according to a Stockholm Environment Institute study that found battery costs have been overestimated. Cells for electric vehicles fell about 14% a year from 2007 to 2014, according to the study.

Stay Informed!

Battery electric vehicles (EVs) are one of the key alternatives to gas- and diesel-driven vehicles. The costs of battery cells has always been one of biggest obstacles to the development of EVs, forcing manufacturers to trade off between a model’s price and the range it can travel on a single charge, the institute reported. (more…)

Ghosn Disappointed by Current Battery Car Sales – But Still Sees Upbeat Future

“We will be patient.”

by on Sep.28, 2012

Nissan CEO Carlos Ghosn, shown with the Nissan Leaf during its public debut.

The floor of the Paris Motor Show is covered with an array of hybrids, plug-ins and pure battery-electric vehicles, the latter ranging from the little Nissan Leaf up to the new Mercedes-Benz SLS AMG Electric Drive.

But barring a sudden shift in consumer sentiment, demand for battery-based products has filed to charge up the sales charts. That’s particularly true for the Leaf, which has experienced an unexpectedly sharp decline in demand in the critical U.S. market this year.

The Last Word!

Asked whether that worries him as Nissan prepares to open a new Nashville assembly line for the Leaf, the maker’s CEO Carlos Ghosn responded that, “If you ask a CEO if he is disappointed in the level of sales, you are always going to get “yes” for an answer.”

But the Brazilian-born executive, who also serves as chief executive of Nissan’s alliance partner, Renault, insisted that rather than panic, “We will be patient.”

(more…)