[Dutch]

Study: Electric Car Battery Costs Declined By 35 Percent From 2014 To 2015

Most experts and consumers agree fully that the cost factor of electric vehicles is the main inhibitor of sales and mass adoption. The cost of electrified vehicles is highly contingent upon lithium-ion battery prices. According to a recent study, costs are declining substantially and rapidly, perhaps more so than most of us thought.

Full Article: http://insideevs.com/study-electric-car-battery-costs-declined-35-percent-2014-2015/

 

[khalfyard]

I would happily hold onto my 2012 Nissan Leaf in 5 years if they offer a modern (hopefully 400+km range) battery replacement for somewhere around CAN $3000-4000.

Currently, I'm down about 10% from the vehicles initial range - this is after 5 years and ~50,000km. I am curious to see if the range drop remains linear, or whether battery capacity drops at a higher rate, or a lower rate over the next 5 years. (I plan on keeping the car until 2022 regardless, as my short range commuter.)

 

[DonC]

Just cherry picked a couple of numbers. Costs are not coming down very fast. Maybe 8% a year. GM got a sweet deal from LG Chem because LG is supplying a lot of the components of the car. Nothing wrong with that, most likely a great idea, but it throws the costs of the cells being supplied by LG out of whack.