Clean Tech News & Views: EVs, Solar Energy, Batteries
There’s something that’s often lost in discussions about tech adoption trends, and in particular when it comes to something we cover a lot, electric vehicle sales trends: it’s not a straight, consistent line upward. There are ups and downs. When adoption jumps up fast, those of us bullish on the transition get extra excited and bullish.
The good news at the moment is that EV battery prices are expected to drop a lot in 2024 and 2025. That’s according to a recent analysis from Goldman Sachs. When EV battery prices do come down a lot, we can then expect electric vehicle prices to come down a lot, which will boost EV sales further. The EV battery price cost trend looks dramatic, and very helpful. With Goldman Sachs’ wealth of data across probably every sector in the world, one would think the financial company is on point when it comes to EV battery price trends this year and next. Forecasting EV sales several years out is a much tricker business, and one would hope that the forecast of just 50% EV market share in the US and 68% in the EU is pessimistic and incorrect.
For now, we should thank the policymakers who have enabled a faster transition to electric transport, and we should consider strongly what is needed in order to keep strong policies going. “The regulatory tailwinds are still in place,” Bhandari notes, but the wind can always shift, especially in politics.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ring Battery Doorbell Pro review: a convenient, capable battery-powered optionThe Ring Battery Doorbell Pro is packed with premium features without the need for cumbersome wires, making it one of the best video doorbells.
Read more »
Core Lithium CEO quits as share, battery metal prices keep fallingNo 1 source of global mining news and opinion
Read more »
Women’s Soccer Surge: NWSL Ticket Prices Soar As Team Prices Hit 9 FiguresI am a Colorado based reporter covering breaking news with a special emphasis on the entertainment industry, pop culture and sports. I previously covered local news in the greater Boston area, and I graduated from Northeastern University in 2017.
Read more »
Seattle area average energy prices: Gasoline, utility gas prices dip, electricity risesLooking at energy prices, gasoline in the Seattle area in February fell, while households pay more for electricity, federal numbers report.
Read more »
SLO County gas prices rise above $5 a gallon, find the lowest pricesBy KAREN VELIE Amid increased demand and a decline in national oil reserves, the average price for a gallon of gas in San Luis Obispo County rose 17 cents
Read more »
Oil prices rise after Saudi Arabia raises prices for crude to AsiaU.S. crude inventories rise less than expected
Read more »