Rapidly falling costs of battery packs for electric vehicles
The literature shows that costs are falling, but there is a lot of uncertainty about the past, present and future costs that dominate Li-
Ion Technology 1, 2, 3.
This paper presents an original systematic review that analyzes more than 80 different estimates and Reports 2007-2014 to systematically track Li-
Ion battery pack from BEV manufacturer.
We showed the industry.
From 2007 to 14%, extensive cost estimates fell by about 2014 per year, from over $1,000 per kilowatt hour to around $410 per kilowatt hour, and the cost of battery packs used in the market-
Leading BEV manufacturers are even lower, $300 per kilowatt hour, down 8% per year.
Learning rate, cost reduction after cumulative doubling of production, consistent with earlier research on vehicle battery technology, found between 6 and 9%.
We revealed that Lee-
Ion battery packs continue to decline, and the cost of market leaders is much lower than previously reported.
This has a significant impact on the assumptions used to model future energy and transport systems and allows for low