16 Mar '12, 4pm

How Much And How Fast Will Electric-Car Battery Costs Fall?

Economy of scale will means that battery prices will decrease as more and more manufactures get into the market. As to large scale price drops that depends but with new technology such as nano wire Li/ion and Li/air cells are developed I am sure that prices will go down some. Price decreases of 6 to 8% per year would mean that in 5 years $25,000 EV's with 100+ mile driving ranges will be possible. Being an early adopter is always expensive but someone has to do it to get the ball rolling on battery development. More competition among battery manufacturers will eventually lead to better prices on batteries for Ev's may be balanced a bit by increased consumer demand for EV's especially if gasoline prices spike.

Full article: http://www.greencarreports.com/news/1074183_how-much-and-...

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