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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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DOE estimates that EV battery pack costs in 2021 are 87% lower than in 2008

Green Car Congress

Research by the Department of Energy’s (DOE) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 87% between 2008 and 2021 (using 2021 constant dollars). That compares to $1,237/kWh on a usable-energy basis in 2008. 100,000 units per year.

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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.

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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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Remembering Lithium-Ion Battery Pioneer John Goodenough

Cars That Think

Goodenough , one of the inventors of the lithium-ion battery, died on 25 June at age 100. He probably is best known for developing the lithium cobalt oxide cathode in 1980—which became the foundation for Sony’s first commercial lithium-ion battery in 1991. His first was lithium cobalt oxide.

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Who Really Invented the Rechargeable Lithium-Ion Battery?

Cars That Think

Fifty years after the birth of the rechargeable lithium-ion battery, it’s easy to see its value. Company researchers were encouraged to look for oil substitutes, pursuing any manner of energy that didn’t involve petroleum. The battery’s performance was also unprecedented: It was both rechargeable and very high in energy output.

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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. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh.

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