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Battery prices plummet as electric cars approach ‘tipping point’
Battery prices plummet as electric cars approach ‘tipping point’
The cost of batteries fell by nearly 10 per cent in August, taking them past a key milestone that is seen by energy analysts as a “tipping point” to supercharge the transition to electric vehicles. The price of lithium-ion battery cells, which power everything from smartphones to the International Space Station, fell below $100/ kilowatthour (kWh) last month – a 33 per cent drop from March 2022 and an 8.7 per cent month-on-month drop. Energy analytics firm Benchmark Mineral Intelligence, who compiled the figures, noted that battery pack prices need to reach $100/kWh for electric vehicles to reach price parity with fossil fuel-burning vehicles. “Decreasing cell prices could allow [manufacturers] to sell mass market electric vehicles at comparable prices to internal combustion engine vehicles, with the same margin, improving the attractiveness of the EV transition for both consumers and automakers,” said Benchmark analyst Evan Hartley. “Falling cell prices are of particular concern for companies investing in cell production outside of China, particularly when there is already concern surrounding the profitability of factories in regions such as Europe.” The drop in price could also have implications for other technologies, the report noted, including for solar and wind installations that need to store excess energy during periods of overproduction. “The energy and transport revolution continues,” energy analyst Gerard Reid wrote on LinkedIn. “Lithium battery cell prices are now below $100 per kWh, down 80 per cent in a decade. Going forward we will see even lower costs and better performance, which is why the death of the internal combustion engine is near.” The falling prices have been attributed to decreasing raw material costs, with lithium prices more than halving since the start of 2023. The price could continue to fall following the discovery of massive lithium deposits in recent months, most notably within an extinct supervolcano on the border of Nevada and Oregon. The McDermitt caldera could contain up to 120 million tonnes of lithium, according to recent estimates from geologists, which could potentially meet global battery demand for decades. Read More Battery breakthroughs are about to trigger a transport revolution Volcano discovery could power electric cars for decades, scientists say New invention will lead to ‘battery revolution’, scientists say Volcano discovery could power electric cars for decades, scientists say Scientists invent solar panels that work in a snow blizzard
2023-09-19 00:22
Artificial intelligence could replace referees within 30 years – expert
Artificial intelligence could replace referees within 30 years – expert
Referees could be replaced by robots within the next 30 years, an expert in the field believes. Artificial intelligence is already prominent in officiating, with the use of VAR and goalline technology, but it is expected to heavily increase in the future. With more high-quality data available, it could be possible for matches to be officiated by an AI-powered machine, taking away the need for an on-field human referee. “Computer vision will be more and more effective in the next few years and the number of cameras on the pitch will only increase,” Aldo Comi, chief executive of leading global football analytics provider Soccerment, told the PA news agency. “The amount of data that is tagged and the quality of the models that are trained with that data will increase exponentially and thanks to that you will have AI models that can make refereeing decisions on the back of what they see on the pitch. “So we might get to the point where we don’t need a referee at all. “Before that, you will maybe have a referee but not linesmen, maybe they will be the first to disappear from the game. And you will have the referee connected to the virtual assistant, guiding them to make better decisions. “Ultimately in a matter of 20 or 30 years probably the referee will be just an AI. I am not saying this is positive, I’m just saying it is likely to happen.” The increase of AI and machine learning in football will not be restricted to officiating and it is already present in the game. The use of data analytics have helped the likes of Brighton and Brentford disrupt the established Premier League hierarchy as they have unearthed high-quality signings which they have sold on for significant profits. But the improvement in the integration of data could see managers using a virtual coach to help them with team selection and tactics. “AI can become a source of new ways of thinking about the game in the next few years,” Comi added. “If you give AI enough high-quality data, you will have the possibility to have a virtual assistant, which will have a better understanding of what is going on the pitch. Ultimately in a matter of 20 or 30 years probably the referee will be just an AI Aldo Comi, CEO of data analtyics company Soccerment “By having the data analysed by AI you can train models to better understand what will happen in the future, for example understanding the probabilities of what is happening in the next five or 10 minutes. “By having this predictive analytics, the AI can give you a so-called prescriptive analytics. It says, ‘Things are expected to go this way, in order to improve your chances I have 10 ideas’. “That could be swapping two players or changing the structure of the team. “The things that the AI suggests will be filtered by the assistant coach and then pass on the information to the manager and it will be up to him to accept. “There will be AI, but not replacing professionals, but it is more of a high-quality support. The clubs that can get this sport will outperform the ones that refrain from having it.” Comi, whose company serve several Serie A and Serie B clubs, says that people will need to learn to trust AI but the evidence of it working is already out there. He added: “It will take time to trust, but in the same way with data analytics, there are enough positive cases to say that you can out-perform the others, we have seen it with Brentford and Brighton. “The advantage that AI can give you is X times more important than data analytics.” :: Soccerment has launched a new platform, xvalue.ai, which has introduced never seen before metrics such as Gegenpressing Intensity (GPI), Expected Offensive Value Added (xOVA), Gegenpressing Efficiency (GPE) and BuildUp Disruption Percentage (BDP%), providing users with more data insights than ever before. For more details visit www.soccerment.com Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Football rumours: Al-Ittihad set to make record £215m bid for Mohamed Salah Joe McCarthy delighted after wrestling his way into Ireland’s World Cup squad On This Day in 2020: Ian Bell announces intention to retire from cricket
2023-09-05 15:55
How to Pre-Order NBA 2K24 Arcade Edition
How to Pre-Order NBA 2K24 Arcade Edition
To pre-order the NBA 2K24 Arcade Edition before its release on Oct. 24, fans must register for Apple Arcade and hit "Notify Me" on the game's page.
2023-10-04 03:29
Dating as a single parent is hard. These 5 dating apps and sites can help make it a little easier
Dating as a single parent is hard. These 5 dating apps and sites can help make it a little easier
Dating is, famously, not the easiest time. Single parenting, is also famously, not the easiest.
2023-09-09 17:54
Scientists find that AI can read thoughts from monitoring your brain activity
Scientists find that AI can read thoughts from monitoring your brain activity
Scientists have revealed they had found a way to combine the technology of brain scans and artificial intelligence to transcribe “the gist” of people’s thoughts. Alex Huth, an assistant professor of neuroscience and computing science at the University of Texas at Austin, and a co-author on the new study published in Nature Neuroscience, said that ‘this is a real leap forward.’ The study was led by Huth and Jerry Tang, a doctoral student in computer science. The main development from this study is that it’s non-invasive. This means that subjects do not require surgical implants. Instead, brain activity is measured using a functional magnetic resonance imaging (fMRI) scanner. Sign up to our free Indy100 weekly newsletter In the study, individuals listened to hours of podcasts in the scanner. Then, given the participant’s consent to have their thoughts decoded, they listened to a new story and the machine-generated corresponding texts from brain activity. It’s not a word-for-word transcript. For example, when an individual heard the phrase ‘I don’t have my driver’s licence yet’, the model decoded the individual’s thoughts to read as ‘she has not even started to learn to drive yet.’ Even when participants thought up their own stories, the machine was able to decode their thoughts still. Tang acknowledged that the advancements made in the study had the potential for negative aftermath. Tang said, ‘we take very seriously the concerns that it could be used for bad purposes and have worked to avoid that.’ They ran tests that highlighted that unless the machine had been trained on an individual’s particular brain activity, it could not decode its thoughts. An individual had to allow for the machine to train their brain activity over a long period of time inside a fMRI scanner for it to work. Researchers also found that it was easy to ‘sabotage’ the machine. Three participants were told to tell a different story in their mind, or count by seven, while listening to one of the podcasts. The study highlights even more development with artificial intelligence, after the popularity of OpenAI’s Chat GPT has sparked debate around the potential of AI. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-05-20 00:30
Star Wars Jedi: Survivor had 'millions' of players in first two weeks
Star Wars Jedi: Survivor had 'millions' of players in first two weeks
'Star Wars Jedi: Survivor' is "pacing very strongly against" 'Jedi: Fallen Order'.
2023-05-11 19:23
Dr. Valerie Truesdale Joins The Goddard School’s Educational Advisory Board
Dr. Valerie Truesdale Joins The Goddard School’s Educational Advisory Board
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Jun 27, 2023--
2023-06-27 22:25
Spy attire: US investing $22m in surveillance socks and other wearable tech
Spy attire: US investing $22m in surveillance socks and other wearable tech
The federal government is reportedly investing at least $22m into developing clothes that “can record audio, video, and geolocation data.” According to a 22 August press release from the office of the Director of National Intelligence’s Intelligence Advanced Research Projects Activity (IARPA), the research and development arm of the organisation, “recently launched a cutting-edge program that aims to make performance-grade, computerized clothing a reality”. The DNI touted the SMART ePANTS program, which stands for Smart Electrically Powered and Networked Textile Systems, that “seeks to develop clothing with integrated audio, video, and geolocation sensor systems that feature the same stretchability, bendability, washability, and comfort of regular textiles,” IARPA stated. They will be used by the intelligence community, IARPA wrote. Since the surveillance technology will be woven into the clothing, “Intelligence Community staff will be able to record information from their environment hands-free, without the need to wear uncomfortable, bulky, and rigid devices.” For example, according to the release, the technology could “assist personnel and first responders in dangerous, high-stress environments, such as crime scenes and arms control inspections without impeding their ability to swiftly and safely operate.” The SMART ePANTS program’s mission is to to incorporate “sensor systems” into clothes, like shirts, pants, socks, and underwear. The Intercept reported that the federal government has dedicated at least $22m in funding to the program. It’s unclear just how big of a gamble IARPA might be making with its investment. Its website describes itself as investing “federal funding into high-risk, high-reward projects to address challenges facing the intelligence community.” “A lot of the IARPA and DARPA programs are like throwing spaghetti against the refrigerator,” Annie Jacobsen, author of a book called The Pentagon’s Brain about ​​the Defense Advanced Research Projects Agency, told the outlet. “It may or may not stick.” Dr Dawson Cagle, an IARPA program manager leading the SMART ePANTS program, said that while he is “proud of the intelligence aspect” of the program, he’s “excited about the possibilities that the program’s research will have for the greater world.” He said that he was inspired in part to create the program by his father, who was a diabetic, and therefore had to monitor his health multiple times a day. His father’s experience paired with the research that supports that the components of a computer “have already been developed, just as individual pieces,” he explained. If you can convert all of the components into a single, wearable device, the program’s goal will have been achieved, Dr Cagle said. Ms Jacobsen warned that the advancement of smart wearables could lead to future concerns over biometric surveillance by the government. “They’re now in a position of serious authority over you. In TSA, they can swab your hands for explosives,” Ms Jacobsen told The Intercept. “Now suppose SMART ePANTS detects a chemical on your skin — imagine where that can lead.” But IARPA pushed back on this assertion, as spokesperson Nicole de Haay told the outlet: “IARPA programs are designed and executed in accordance with, and adhere to, strict civil liberties and privacy protection protocols. Further, IARPA performs civil liberties and privacy protection compliance reviews throughout our research efforts.” Read More Swedish citizen goes on trial on charges of collecting information for Russia Seoul's spy agency says Russia has likely proposed North Korea to join three-way drills with China Biden says he is ‘disappointed’ at Xi Jinping skipping India’s G20 summit Vodafone users say they can’t call people World’s first solar-powered hybrid truck tested on public roads Apple is about to make a huge change to the iPhone that it never wanted to do
2023-09-05 06:16
Climate Expert Claudia Sheinbaum Aims to Lead Oil-Rich Mexico
Climate Expert Claudia Sheinbaum Aims to Lead Oil-Rich Mexico
As mayor of Mexico City, a job she held until June, Claudia Sheinbaum rarely let her attention to
2023-10-10 18:46
How tall is Ninja? Exploring pro gamer and YouTuber's height compared to his wife Jessica Blevins
How tall is Ninja? Exploring pro gamer and YouTuber's height compared to his wife Jessica Blevins
Photos of Ninja towering over his wife, Jessica Blevins, have made pro streamer's fans curious about his height
2023-08-15 16:25
Bidgely Releases Enhanced Analytics Capabilities to Advance DER Grid Planning, EV Load Management and Flex Demand Outcomes
Bidgely Releases Enhanced Analytics Capabilities to Advance DER Grid Planning, EV Load Management and Flex Demand Outcomes
LOS ALTOS, Calif.--(BUSINESS WIRE)--Jun 29, 2023--
2023-06-29 19:26
This Newcastle Heirloom Concept Should Be the Next Apex Legends Heirloom
This Newcastle Heirloom Concept Should Be the Next Apex Legends Heirloom
A Newcastle Heirloom concept from Reddit reveals an awesome longsword design that should be the next Heirloom in Apex Legends.
2023-09-20 01:59