The Office of Vehicle Technology at the U.S. Department of Energy released a study on electric vehicle batteries on August 10.
New research shows that electric vehicle batteries are currently 90% cheaper than they were 16 years ago, in 2008.
Accordingly, the cost of a battery pack has decreased from $1,415/kWh in 2008 to $139/kWh in 2024.
These figures are based on data from light electric vehicles with sales volumes of at least 100,000 units per year.
Electric vehicle batteries currently cost around $139/kWh, compared to $1,415/kWh 16 years ago. Photo: Ford.
Therefore, an electric vehicle with a battery of approximately 40 kWh, which cost $56,600 16 years ago, now costs only $5,560, ten times cheaper.
More specifically, the 81 kWh battery pack for the Tesla Model Y would have cost $114,615 in 2008, but its current price is only around $11,259.
The decreasing cost of batteries will help electric car manufacturers achieve price points comparable to internal combustion engine vehicles.
Besides cost, other factors of batteries such as size, weight, and charging time are also decreasing due to the ever-increasing charge density.
Thanks to advancements in battery technology and chemistry, and especially numerous innovations in charging technology, battery life has also increased.
A study by market analysis firm Gartner predicts that the cost of producing each electric vehicle will be cheaper than a similarly sized gasoline-powered car by 2027.
Source: https://xe.baogiaothong.vn/chi-phi-san-xuat-xe-dien-se-re-hon-xe-xang-vao-nam-2027-192240813213143396.htm
