DOE Reveals: Electric Vehicle Battery Costs Have Dropped 90% Over the Past 15 Years

August 13, 2024 – Groundbreaking research conducted by the Vehicle Technologies Office of the U.S. Department of Energy (DOE) has unveiled a staggering 90% reduction in the cost of electric vehicle (EV) batteries between 2008 and 2023, bolstering automakers’ efforts to bridge the price gap between EVs and internal combustion engine (ICE) vehicles. The dimensions,…

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Innovation and Personalization: Inside the Lexus LF-ZL Electric SUV Concept

October 25, 2023 – Lexus unveiled a futuristic electric flagship SUV concept at the Tokyo Motor Show, named the LF-ZL. This vehicle boasts the latest hardware and software technologies, promising a highly personalized driving experience. While it draws upon the design elements of existing models like the RZ, the LF-ZL features innovative exterior aesthetics and…

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