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EV batteries now cost 115 USD per kWh on average

According to a recent analysis, the average price of lithium-ion battery packs for electric vehicles fell by 20 per cent to USD 115 per kilowatt hour in 2024 - the sharpest price drop since 2017. The USD 100/kWh mark could therefore fall as early as 2026.

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Commercial Vehicles

Mumbai to deploy 8,000 electric buses by 2027

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Vauxhall CEO Huettl also becomes head of Stellantis in Germany

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Stellantis to rejoin ACEA

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Commercial Vehicles

Nobina goes all in on electric buses for Malmö

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BYD plans to start production in Europe at the end of 2025

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Commercial Vehicles

DB Schenker expands fleet in Germany by 40 Volvo FM Electric trucks

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Trump administration looks to back out of USPS contracts

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Stellantis & CATL officially confirm LFP battery cells plant in Spain

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Archer commercializes air taxis in Abu Dhabi

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Hubject and the EasyPark Group become roaming partners

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Electric hydrofoil by Vessev goes into commercial operation

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Avatr follows up with the Avatr 06 electric mid-size sedan

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Hyundai starts accepting orders for the Inster in Germany

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Xiaomi’s new electric SUV is called the YU7

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Porsche takes a liking to electric luxury boats

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Brittany Ferries to launch hybrid ferry in the English Channel

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Texas gets its first NEVI-funded charging location

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First details of BYD’s new Blade battery leaked

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OX Delivers expands to East Africa

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Compact Tesla rumoured for 2025 release