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Since 2010, the cost of lithium-ion battery packs for electric vehicles has dropped 60%, from $1000 to $400 per kilowatt-hour (kWh) according to analysis by BNEF. At the same time, concerns regarding urban air pollution and our need to deploy zero emission vehicles in these cities are increasing. Melissa C. Lott takes a closer look at how EVs could help - and what the limitations might be.
Battery manufacturer BYD’s deal to supply up to five electric double-decker buses for London is a “big win” for the company but not enough for them to start discussions on a European base, according to Lux Research’s Lilia Xie.
Representatives of battery and energy storage companies including AES Corporation and FIAMM believe the priority for the nascent energy storage industry should be to standardise technologies, along with developing a regulatory framework that recognises the value of storage.