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Don t Count On EVs To Solve Climate Change
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Electric trucks can totally compete with diesel trucks -- they just need fast chargers
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January 19, 2021
Volvo Trucks North America announced the commercial introduction and sales start of its zero tailpipe emission, battery-electric vehicle to the North American market, with a production start of early 2021. Image courtesy of Volvo Trucks North America
2021 is shaping up to be a pivotal year for the electric vehicle. While this is true across weight classes and duty cycles, perhaps none are better positioned for growth than trucks. To be sure, 2020 saw a number of exciting announcements from manufacturers eager to electrify heavy-duty big rigs, semi-trucks, box trucks, delivery vans and additional freight vehicles. And 2021 is primed to take many of these announcements from the planning stages to fruition (as our friends at GreenBiz have covered here). In many ways, 2021 is expected to be the year that electric trucks shift from demonstration to deployment.
17 December 2020
New figures from leading clean energy analysts Bloomberg New Energy Finance (BNEF) reveals that, for the first time, battery pack prices have dipped below $US100/kWh in China’s e-bus market, a level that is expected to become the average price in the market by 2023.
BloombergNEF published its latest
Battery Price Survey on Wednesday, highlighting the dramatic pricing trends in what is arguably one of the most important clean energy sectors at the moment.
Looking at battery prices for passenger EVs, e-buses, commercial EVs, and stationary storage, the report revealed that, having dropped 89% in real terms from a 2010 price of $US1,100 per kilowatt-hour, battery pack prices are now hanging around the $US137/kWh mark.