article thumbnail

DOE estimates EV battery pack costs in 2022 nearly 90% lower than in 2008

Green Car Congress

The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). That compares to $1,355/kWh in 2008. 2008–2015 – National Academies of Sciences, Engineering, and Medicine 2017.

2008 475
article thumbnail

DOE estimates that EV battery pack costs in 2021 are 87% lower than in 2008

Green Car Congress

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. 100,000 units per year. 2021 is estimated.

2008 448
article thumbnail

Electric Vehicle Battery Pack Costs In 2022 Are Nearly 90% Lower Than in 2008

CleanTechnica EVs

The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). That compares to $1,355/kWh in 2008. The […].

2008 145
article thumbnail

Remembering Lithium-Ion Battery Pioneer John Goodenough

Cars That Think

Goodenough , one of the inventors of the lithium-ion battery, died on 25 June at age 100. He probably is best known for developing the lithium cobalt oxide cathode in 1980—which became the foundation for Sony’s first commercial lithium-ion battery in 1991. His first was lithium cobalt oxide.

article thumbnail

Volumetric Energy Density Of Lithium-ion Batteries Increased By 8+ Times Between 2008 & 2020

CleanTechnica EVs

Volumetric energy density refers to the amount of energy that can be contained within a given volume. Increasing the volumetric energy density of batteries allows electric vehicles (EVs) to travel further without increasing the size of the battery pack.

article thumbnail

Who Really Invented the Rechargeable Lithium-Ion Battery?

Cars That Think

Fifty years after the birth of the rechargeable lithium-ion battery, it’s easy to see its value. By Christmas, he had developed a battery with a titanium-disulfide cathode and a liquid electrolyte that used lithium ions. Here, the story of the lithium-ion battery’s journey to commercialization gets hazy.

article thumbnail

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. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh. The good news is that things are starting to change.

2008 52