Lithium-ion cells (the basic components of batteries) cost over $1,000 a kilowatt-hour (kWh) in 2010; last year they were in the $130-200 range. GM says it is paying $145 per kWh to LG Chem for the cells that make up the 60kWh battery for the Bolt (the pack, thanks to labour, materials and electronics, costs more than the sum of its cells). Tesla says that cells for the Model 3 are cheaper.
As you know, all new vehicles sold in India by 2030 shall be powered by electricity. The basic premise of the Plan consists of three interlinked concepts: SHARED, ELECTRIC, and CONNECTED. The FIRST PHASE of this plan will focus on the electric mobility of City Buses, taxi fleets, three-wheelers, and two wheelers the SECOND PHASE will focus on cars and trucks. Contact Bostel Consulting associated with Quanzen Consultants, the Business Development and Sourcing Support Expert to International...
“If the government wants to move to EVs by 2030… you have to create an environment for the customer to buy an EV. That you can do by seeing how you can bring down the battery cost,” Ashok Leyland Managing Director Vinod Dasari said. “The government must invest a lot more money in technology development of batteries. It should focus more on creating electric infrastructure, on creating electric standards.”
What is Unique about this plan? At the heart of the plan's success will be the battery leasing strategy for certain group of vehicles. The plan includes the sale of vehicles without batteries to improve affordability. Also it reduces the need for subsidies on car price substantially. There will be tax breaks for manufacturers to incentivize “Make in India” for vehicles & drive trains though. As stated by the Indian Minister for Power & renewable Energy, there will also be limited...
India EESL (Energy Efficiency Services Ltd) confirms order for Phase 1 of its electric vehicle tender, Tata Motors to provide 350 electric cars and Mahindra 150 reports LiveMint. The vehicles will be provided to EESL for Rs11.2 lakh ($17k), which will be inclusive of 10% GST and a comprehensive 5-year warranty, which is 25% below the current retail price of a similar e-car with three-year warranty, according to EESL.
Tata Motors eventually winning the bid for supplying 10,000 electric vehicles to EESL. The contract valued at ₹ 1120 crore is said to be world's largest single electric vehicle procurement. Interestingly, Mahindra as well as Nissan Motor applied for the same tender. Rs 11.2 lakh each incl. GST and 5-year warranty is around $17k.
An interesting article from The Economic Times: Suzuki Motor will invest more than Rs 1,150 crore ($175m) along with Japanese partners Toshiba and Denso to set up India's first lithium ion battery facility in Gujarat. The announcement by the parent of the country's largest carmaker, Maruti Suzuki, is a major boost to the government's ambitious vehicle electrification and Make in India initiatives.
An interesting article from Bloomberg: “Electric cars on their own may not add up to much,” David Eyton, head of technology at London-based oil giant BP Plc, said in an interview. “But when you add in car sharing, ride pooling, the numbers can get significantly greater.”