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Electrical automobile battery pack prices for a light-duty automobile in 2023 have been 90% decrease than in 2008, in keeping with DOE estimates.
The Division of Power’s (DOE’s) Car Applied sciences Workplace estimates the price of a electrical automobile lithium-ion battery pack for a light-duty automobile declined 90% between 2008 and 2023 (utilizing 2023 fixed {dollars}). The 2023 estimate is $139/kWh on a usable-energy foundation for manufacturing at scale of at the very least 100,000 items per yr. That compares to $1,415/kWh in 2008. The decline in price is because of enhancements in battery applied sciences and chemistries, in addition to enhancements in manufacturing and will increase in manufacturing quantity.
Observe: Value refers to usable vitality and never rated vitality.
Sources: 2018–2023 — U.S. DOE, Car Applied sciences Workplace, utilizing Argonne Nationwide Laboratory’s BatPaC: Battery Manufacturing Value Estimation Device.
2017 — Steven Boyd, DOE, Car Applied sciences Workplace, 2017 Annual Benefit Overview, Batteries and Electrification R&D Overview, June 18, 2018, PowerPoint presentation, p. 7.
2016 — David Howell, DOE, Car Applied sciences Workplace, 2017 Annual Benefit Overview, Electrochemical Power Storage R&D Overview, June 20, 2017, PowerPoint presentation, p. 6.
2008–2015 — Nationwide Academies of Sciences, Engineering, and Medication 2017. Overview of the Analysis Program of the U.S. DRIVE Partnership: Fifth Report. Washington, DC: The Nationwide Academies Press, p. 173.
Reality #1354 Dataset. Reality of the Week #1354 courtesy of U.S. Division of Power, Car Applied sciences Workplace. See extra 2024 Information of the Week.
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