Credit to Author: Tina Casey| Date: Thu, 10 Oct 2024 05:00:55 +0000
The cost of EV batteries will probably keep falling over the next two years, but there are plenty of good reasons to buy an electric vehicle sooner rather than later.
The post The Cost Of EV Batteries Will Hit A Key Milestone In 2026, Says Goldman Sachs appeared first on CleanTechnica.
Read moreCredit to Author: US Department of Energy| Date: Tue, 06 Aug 2024 05:00:51 +0000
Electric vehicle battery pack costs for a light-duty vehicle in 2023 were 90% lower than in 2008, according to DOE estimates. The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of a electric vehicle lithium-ion battery pack for a light-duty vehicle declined 90% between 2008 and 2023 (using … [continued]
The post EV Battery Pack Costs 90% Lower in 2023 Than in 2008 appeared first on CleanTechnica.
Read moreCredit to Author: Steve Hanley| Date: Sat, 13 Jul 2024 17:45:59 +0000
The cost of batteries is falling rapidly, especially in China, where researchers are claiming a dramatic reduction in costs.
The post Lower Cost Batteries Will Move The EV Revolution Forward More Quickly appeared first on CleanTechnica.
Read moreCredit to Author: Zachary Shahan| Date: Sat, 02 Dec 2023 01:19:41 +0000
Thanks to a variety of factors, lithium-ion battery packs are at record low prices. After dropping 14%, they are down … [continued]
The post Record-Low EV Battery Prices in 2023 appeared first on CleanTechnica.
Read moreCredit to Author: Guest Contributor| Date: Mon, 20 Mar 2023 03:10:17 +0000
The main barrier to widespread EV adoption, from a car buyer’s standpoint, is a very simple one: they cost more to buy than legacy vehicles. On a total cost of ownership basis, owning an EV is often actually cheaper than owning a gas-burner, as numerous studies have demonstrated (Would you believe it can be cheaper […]
Credit to Author: U.S. Department of Energy| Date: Mon, 09 Jan 2023 20:41:23 +0000
The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). The 2022 estimate is $153/kWh on a usable-energy basis for production at scale of at least 100,000 units per year. That compares to $1,355/kWh in 2008. The […]