DOE estimates that EV battery pack costs in 2021 are 87% lower than in 2008
Green Car Congress
OCTOBER 5, 2021
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.