24 Apr '12, 5pm

Real Electric Car Battery Costs Remain Elusive

Real Electric Car Battery Costs Remain Elusive

Recent reports about the declining cost of electric car batteries raise as many questions as they answer. According to a report from Bloomberg News last week, EV battery costs fell to $689 per kilowatt-hour during the first quarter of this year, down from $800/kWh a year earlier. It wasn’t clear from the report if that cost is for cells, all components and software—or a total installed cost. Any quoted price per kilowatt-hour can be partial and hide costs that produce a misleading figure in either direction. The relatively high cost of lithium ion battery packs are often cited as the biggest obstacle to mass adoption of electric cars and plug-in hybrids. This week, the UK Committee on Climate Change issued a study (PDF) claiming that costs for lithium-ion automotive batteries currently come in at approximately $800 per kWh—translating the pack cost of a 93-mile-range EV (l...

Full article: http://www.plugincars.com/elusive-real-battery-costs-1206...

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