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Systematic review of EV battery pack costs suggests economies of scale may push cost toward US$200/kWh without further cell chemistry improvements

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Industry-wide cost estimates for battery packs for electric vehicles have declined by approximately 14% annually between 2007 and 2014, from above US$1,000 per kWh to around US$410/kWh, according to a systematic review of more than 80 different estimates by a team from the Stockholm Environment Institute. Batteries Forecasts'

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Promising EV Trends to Lookout ForĀ in 2023

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Companies Will Have More Affordable EVs Their Lineup As major automakers around the world develop their nascent EV lines, dozens of new EV vehicles including new premium models, middle-market sedans, SUVs, and pickup trucks will make their debuts in global markets in 2023 and 2024.

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