Panasonic is reportedly developing lithium batteries that require half the current quantity of cobalt. The new battery designs are motivated by the increasing cost of cobalt, and the potential threat of shortages, which have come about as a result of surging demand for lithium-ion batteries. The battery production industry, which reportedly consumed 51 per cent … Continue reading Panasonic tackles soaring cobalt costs
A new report claims that electric and plug-in hybrid vehicles could account for 49 per cent of Australian vehicle sales by as soon as 2030. The new study further states that battery-electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) could make up 100 per cent of sales by 2040. Energeia, an Australian company that … Continue reading Falling costs, new models to drive EV market expansion
Big automotive presence at CES highlights need for IT skills The fact that car manufacturers and suppliers are now must-see exhibitors at the annual Consumer Electronics Show (CES) highlights the huge, high-speed collision currently occurring between transportation and technology. Take a step back from the dazzling lights in Las Vegas and the 3600-plus companies clambering … Continue reading Computers on wheels in Vegas
Within five years the batteries used to power electric cars will hold twice as much energy, at half the cost compared with today, according to Bosch chairman Volkmar Denner. Exponential advances in battery technology will make electric cars more affordable and viable for everyday use, accelerating their uptake, while hybrids and plug-in hybrids will become … Continue reading EV battery capacity to double for half the cost by 2020
