Credit 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 […]