Packaging innovations and cheaper materials are forecasted to reduce battery costs by a substantial amount according to Goldman Sachs.
Infrastructure
Blink introduces new session fee
Blink is introducing a session fee at select chargers. The fee will expand to more chargers over time. According to Blink, the fee is “strategically set below the industry average.”
A new entrant starts breaking ground building out charging stops
IONNA, the charging network founded by eight of the world’s top automakers: BMW, General Motors, Honda, Hyundai, Mercedes-Benz, Kia, Stellantis and Toyota, announced they have broken ground on the first IONNA ‘Rechargery.’
Juicebox maker EnelX exits North American market
EnelX exits North American market citing not having a “retail electricity customer base”.
Scientific America reports a major energy crossover is looming.
Solar and wind energy combined have generated more than coal to date in 2024.
BP Expands Network with $100M Tesla Super Charger Deal
BP has announced plans to purchase Tesla Superchargers for installation at various BP sites, including major U.S cities and third-party locations. This move aims to improve the American EV charging infrastructure.
Hyundai Motor Group plans to invest $7.4B in US
Hyundai is investing $7.4 billion dollars into US manufacturing, fuel cell infrastructure and other areas supporting #progressforhumanity.