DOE estimates EV battery pack costs in 2022 nearly 90% lower than in 2008
Green Car Congress
JANUARY 10, 2023
Note: Cost refers to usable energy and not rated energy. Washington, DC: The National Academies Press, p. That compares to $1,355/kWh in 2008. The decline in cost is due to improvements in battery technologies and chemistries, and an increase in manufacturing volume. Source: DOE.
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