Utility to test how electric vehicles (EVs) can be incorporated into regional microgrids and used as mobile energy storage solutions https://t.co/5ztFDh2w5t
Good morning with good news: Battery deployment globally skyrockets, with 700-1200 GW added by 2030. Wow!
Low prices drive deployment. Prices are down 90%, with another 50% drop coming soon.
Solar & battery plants are or will be cheaper than FFs!
https://t.co/WtuYjTcHmZ
Nearly one in five cars sold in 2023 was electric
Today's data insight is by @_HannahRitchie.
You can find all of our Data Insights on their dedicated feed: https://t.co/mgOCb47n8S
Don't let anyone tell you that EV batteries just end up as toxic landfill waste. They're simply too valuable to toss out. Though still in its infancy, EV recycling is already widespread, profitable and capable of recovering more than 95% of key minerals.
https://t.co/2ZtcFniJT5
“Redwood Materials’ recycling process produces up to 80% fewer emissions than traditional supply chain using CO2 belching refineries. That’s enough to shorten an average EV’s environmental breakeven time with an internal combustion vehicle to less than 15,000 miles. Every mile thereafter is a carbon win against the internal combustion engine.”
More today from @business's @tsrandall: https://t.co/N523VSQ3Ad
Fast-Charging EV Stations are skyrocketing in USA! Why? IRA support is substantial plus more EV stations are becoming profitable, as numbers of EVs on road keeps climbing.
There are now 8,000 Fast-Charging Stations and the number is growing rapidly.
https://t.co/2wJ3Sdrymc
Despite many negative headlines, the global EV sales grew by around a third last year. The @IEA expects electric sales to increase by more than a fifth in 2024.
In Europe, T&E expects EV sales to resume growth - as carmakers race to meet EU CO2 targets next year - reaching 24% market share in 2025.
There's been a lot of misinformation on social media warning of a dystopian future of millions #EV batteries piling up around us. The truth is that used EV batteries are valuable and will be in hot demand https://t.co/qwaPVBOJ9l
An “Electric Tipping Point”
By the end of last year, 31 countries had surpassed what’s become a pivotal #EV tipping point: 5% of new #car sales are purely #electric.
Signals the start of mass adoption!
#NowIsTheTime
@BNNBloomberg @EnergyMetals https://t.co/aocY0D1UPX
We are entering a growth paradigm for electricity markets that the US hasn’t experienced in almost a generation and it’s going to change everything about how those markets work.
#EVs aren’t just a cleaner and more efficient form of transportation – they’re also batteries on wheels. And there’s a lot you can do with 5 million batteries on wheels https://t.co/eH9qsGqzeg
“In a few months, lower #metal prices should start to flow through to EV makers. The good news is #battery prices are now falling rapidly."
Good news on all fronts for massive #EV adoption!
https://t.co/6JqzJTVkmk