18 Apr '15, 10am

Battery Prices Falling Faster Than Expected

Battery Prices Falling Faster Than Expected

The researchers now see battery prices of $150 per kWh by 2020, even without a major breakthrough in battery chemistry or technology. They say just the economies of scale that will result from Tesla’s GigaFactory and the massive investments in battery manufacturing by other major battery companies will bring prices down to or close to that $150 per kWh target. When that happens, they predict a massive changeover from internal combustion engines to battery powered cars will finally take place.

Full article: http://gas2.org/2015/04/18/battery-prices-falling-faster-...

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