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Cost of Batteries to Settle at $250 / €200 per kWh by 2015

Prius Battery pack 1 photo
Photo: Toyota
While predictions about future prices are not really accurate, and the further the deadline for something is, the lower the chances are for that ‘thing’ to materialize as intended. However, according to ‘industry analysts’, it has been suggested that the price of car batteries will settle around the $250 / €200 per kWh mark by the year 2015.
According to Wolfgang Bernhart, partner at Rolan Berger Strategy Consultants, current battery prices are already lower than analysts were speculating a few years ago, reaching prices that, according to Pike Research, shouldn’t have been achieved for another 8 years.

Bernhart states that “All our bottom up calculations, as well as the purchase prices that we hear from OEMs, leads us to a cost level of $250/kWh [...] That’s the price level we see in the market for 2015.” Considering the fact that when they came off the production line, the battery packs of the Nissan Leaf and Chevrolet Volt had a final ‘per kWh’ cost of $375 (€298.8) and around $550 (€438) respectively, this reduction and evening out of costs is a welcome, if unsure, change in the world market for batteries, and should bring a reduction in the overall cost of EVs.

Story via greencarreports.com
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