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DOE estimates EV battery pack costs in 2022 nearly 90% lower than in 2008

Green Car Congress

The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). The 2022 estimate is $153/kWh on a usable-energy basis for production at scale of at least 100,000 units per year.

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Electric Vehicle Battery Pack Costs In 2022 Are Nearly 90% Lower Than in 2008

CleanTechnica EVs

The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). The 2022 estimate is $153/kWh on a usable-energy basis for production at scale of at least 100,000 units per year.

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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. But the price of these batteries had been a major roadblock to electric vehicle adoption.

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Octillion becomes official battery supplier for FNM electric trucks in Brazil

Green Car Congress

Li-ion battery provider Octillion Power Systems is working with the reborn FNM (now Fábrica Nacional de Mobilidades) in Brazil to produce battery-electric trucks; FNM has selected Octillion as the official battery supplier for the coming lineup. FNM was founded in 1942 and was the first truck manufacturer in Brazil.

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Lotus Engineering launching new pilot containerized battery test facility

Green Car Congress

Lotus Engineering is launching a pilot containerized battery testing facility to assess energy storage solutions for the booming EV sector. The project has been named BattCon, an abbreviation of Battery Containerized Test Facility. Lotus has three operational units as part of the pilot scheme.

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Octillion marks 100,000 EVs on the road with its batteries, 2 billion km driven

Green Car Congress

Octillion Power Systems, a provider of advanced lithium-ion storage systems for electric mobility, announced it has reached two milestones: 100,000 electric vehicles worldwide powered by its batteries and 2 billion kilometers driven. Twenty percent of the electric vehicles in China today are using Octillion batteries, the company said.

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Volumetric Energy Density Of Lithium-ion Batteries Increased By 8+ Times Between 2008 & 2020

CleanTechnica EVs

Volumetric energy density refers to the amount of energy that can be contained within a given volume. Increasing the volumetric energy density of batteries allows electric vehicles (EVs) to travel further without increasing the size of the battery pack.