20 Apr '15, 11am

Falling battery prices boost outlook for EVs. @GoUltraLow @OLEVgovuk

20.4.2015 Falling battery prices boost outlook for EVs Tesla hope their Gigafactory will reduce battery costs by a further 30% The cost of batteries used in electric vehicles (EVs) has been falling fast and is almost certainly well below the estimates made by many analysts in the past decade according to research by the Stockholm Environment Institute. The research suggests EVs may be able to compete directly with petrol and diesel cars on cost a lot sooner than most people think. However, opinion remains divided about what role electric vehicles could play in a low-carbon future. With no harmful exhaust emissions and far greater efficiency at turning energy into distance, electric vehicles certainly offer a lot of advantages over traditional petrol or diesel vehicles in a scenario of continued high private mobility. But when Bjorn Nykvist and Mans Nilsson studied the reas...

Full article: http://www.nextgreencar.com/news/7055/falling-battery-pri...

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Battery Prices Falling Faster Than Expected

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