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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. The US Department of Energy’s Vehicle Technologies Office reported a remarkable 89% decrease in the cost of electric vehicle lithium-ion battery packs between 2008 and 2022.

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Plug In 2008

Plug In Partners

T he Plug in 2008 National PHEV Conference in San Jose by most accounts was a big success. Seamless integration of PHEVs into the electric grid will require close collaboration between the automobile and electric sectors.” That’s why this relationship with EPRI and the utility partners is so important.” Sacramento Municipal Util.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

During past eight years the number of plug-in electric vehicle models has increased from one to more than 20, battery costs have decreased 70%, and the number of electric vehicle charging stations has increased from less than 500 in 2008 to more than 16,000 today—a 40-fold increase. Georgia Power. National Grid.

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NASA awards $16.5M to four teams for additional research into reducing aircraft fuel consumption, emissions and noise

Green Car Congress

The teams first studied the ideas from October 2008 to April 2010. The Boeing subsonic team, which includes BR&T, Boeing Commercial Airplanes, General Electric and Georgia Tech, looked at five concepts as part of the SUGAR (Subsonic Ultra Green Aircraft Research) project.

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