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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

Green Car Congress

Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). All prices are in real 2021 $, unless stated as nominal.) At the cell level, average BEV prices were just $97/kWh.

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Volkswagen aims to debut new affordable electric vehicles in 2027 with prices around $22,000

Baua Electric

The new affordable VW EVs are expected to be priced around $21,800 (20,000 euros). VW still aims for affordable EVs to debut in 2027 After walking away from its partnership to develop an entry-level EV (20,000 euro) with Renault, Volkswagen is going solo. VW said last week it was still looking at its options for affordable EVs.

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Nio to offer low-priced EV with battery swap capabilities

The Driven EV News

Nio's new affordable model's pricing and specs leak, featuring BYD's blade battery with swappable technology. The post Nio to offer low-priced EV with battery swap capabilities appeared first on The Driven.

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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. The trend is consistent with steady growth in availability and affordability. in January.

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Tesla shares battery info on upcoming affordable compact vehicle

Teslarati

The company shared battery information about its upcoming Tesla compact vehicle in Master Plan Part 3. Tesla revealed that one of its next-generation vehicles will be a compact car using lithium iron phosphate cells in a 53 kWh battery pack. 2 , an affordable compact EV around the same price range.

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EV battery cost soared in 2022, hampering EV affordability

Green Car Reports

EV battery costs have soared in 2022 due to rising raw material and battery component prices, according to a Bloomberg New Energy Finance (BNEF) report. The volume-weighted average for lithium-ion battery pack prices reached $151/kwh this year, a 7% increase over 2021, according to the report.

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Analysts: Raw material price surge will put EV battery affordability gains on hold until 2024

Green Car Reports

A surge in raw material prices could cause EV battery prices to rise, according to a recent Reuters report.