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BCG Report Expects Battery Costs Will Constrain Widespread Market Adoption of Fully Electric Vehicles, Absent a Technology Breakthrough; Forecasts 26% of Major Market New Cars in 2020 To be Hybrid or Electric

Green Car Congress

Although lithium-ion cell and pack costs are expected to fall sharply by 2020, they are unlikely to drop enough to support widespread adoption of fully electric vehicles without a major breakthrough in battery technology, according to a new study by The Boston Consulting Group (BCG).

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A More Detailed Look at a Prismatic Li-ion Cell and Pack Manufacturing Process

Green Car Congress

According to a recent study by the Boston Consulting Group, the active materials and purchased parts for a cell can cost $200-$270/kWh and many people believe the entire battery pack systems (cells, packs, electronic controls) are currently selling for $750 to $950/kWh in large applications.

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