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Mobility
Battery prices fall as oil prices surge, EU EV transition debate enters new phase
As global average battery prices fall to $105 per kilowatt-hour and crude oil prices rise above $105 a barrel, debate in the European Union over easing internal combustion engine regulations is drawing renewed attention. An opinion piece said batteries can get cheaper with mass production and improved technology, while oil is vulnerable to geopolitical shocks. T&E estimated high oil prices added 55 billion euros in costs for European car users this year.
Mobility
Tesla starts up first dedicated Semi truck mass production plant in Nevada
Tesla has opened its first dedicated plant to mass-produce its Semi heavy-duty electric truck in Sparks, Nevada, setting annual capacity at up to 50,000 units. The Semi was first built on the facility’s high-speed line in April and is now in official operation. The company has supplied limited volumes since 2022. Large orders have been announced by ZET Scale and Einride. Elon Musk has said Tesla plans to apply Full Self-Driving to the Semi.
Mobility
Faster shift to electric vehicles could cut 108,400 early deaths by 2050, U.S. study finds
A faster rollout of electric vehicles could significantly improve public health as well as help tackle climate change, a study has found. The International Council on Clean Transportation said shifting the U.S. road transport system to zero-emission vehicles could cut 108,400 early deaths and 42,100 new cases of childhood asthma by 2050. The report said air pollution from road traffic causes more than 41,800 early deaths a year in the United States.