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A tale of two gigafactories…

Terra Infirma

As the name suggests, an EV battery gigafactory is truly colossal with a price tag to match – we’re talking billions rather than millions. Chinese battery manufacturer AESC has gone into partnership with Nissan who will be building EVs at their Washington site.

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Honda sets sights on selling two million electric vehicles annually by 2030

Business Green

Japanese car giant unveils 10-year electrification strategy, as rival carmaker Nissan teams up with NASA to develop EVs using ‘game changing’ fast-charging solid-state batteries by 2028.

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The great EV armament has begun

Business Green

And, hot on Ford's wheels, today Nissan unveiled a sweeping plan to invest $17.7bn towards expanding its EV offering over the next five years, supporting a flurry of freshly enhanced targets worldwide, including for 75 per cent of its sales to come from battery vehicles in Europe by the end of the decade.

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Overnight Briefing - The great EV armament has begun

Business Green

And, hot on Ford's wheels, today Nissan unveiled a sweeping plan to invest $17.7bn towards expanding its EV offering over the next five years, supporting a flurry of freshly enhanced targets worldwide, including for 75 per cent of its sales to come from battery vehicles in Europe by the end of the decade.

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Are EV drivers really costing states gas tax revenue?

Charged

The annual fee is now $213 for private vehicles, and $319 for commercial vehicles, plus a special tag fee of $35.). For example, a base Nissan LEAF costs $31,600, compared to $23,170 for a Ford Fusion, so at the TAVT rate of 6.6%, the LEAF buyer would add an additional $556 to the Peach State’s coffers.

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Could plummeting battery costs deliver mass market EVs as soon as 2024?

Business Green

The key price point for battery packs to become cheap enough for manufacturers to produce mass market EVs for around the same price tag as typical petrol and diesel vehicles is thought to be around $100/kWh, and BNEF yesterday estimated prices could hit that tipping point as soon as 2024.

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Wood Mackenzie: Almost half of global vehicle sales in 2050 will be zero emission

Business Green

In the shorter term, meanwhile, Wood Mackenzie predicts EV sales in China, Europe and the US will hit seven million a year by 2025, before doubling to 15 million a year by 2030 as price tags drop due to economies of scale, cheaper battery technology, and impending bans on fossil fuel vehicle sales.