Electrical Car Battery Pack Prices In 2022 Are Practically 90% Decrease Than in 2008

The Division of Power’s (DOE’s) Car Applied sciences Workplace estimates the price of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (utilizing 2022 fixed {dollars}). The 2022 estimate is $153/kWh on a usable-energy foundation for manufacturing at scale of not less than 100,000 models per yr. That compares to $1,355/kWh in 2008. The decline in price is because of enhancements in battery applied sciences and chemistries, and a rise in manufacturing quantity.
Sources: 2018–2022 – U.S. DOE, Car Applied sciences Workplace, utilizing Argonne Nationwide Laboratory’s BatPaC: Battery Manufacturing Cost Estimation Tool
2017 – Steven Boyd, DOE, Car Applied sciences Workplace, 2017 Annual Benefit Overview, Batteries and Electrification R&D Overview, June 18, 2018, PowerPoint presentation, p. 7.
2016 – David Howell, DOE, Car Applied sciences Workplace, 2017 Annual Benefit Overview, Electrochemical Energy Storage R&D Overview, June 20, 2017, PowerPoint presentation, p. 6.
2008–2015 – Nationwide Academies of Sciences, Engineering, and Drugs 2017. Review of the Research Program of the U.S. DRIVE Partnership: Fifth Report. Washington, DC: The Nationwide Academies Press, p. 173.
Latest Associated:
Supply: David Gohlke, Yan Zhou, Xinyi Wu, and Calista Courtney, Argonne Nationwide Laboratory, Assessment of Light-Duty Plug-in Electric Vehicles in the United States, 2010–2021, ANL-22/71, 2022.
A wave of recent deliberate electrical car battery vegetation will improve North America’s battery manufacturing capability from 55 Gigawatt-hours per yr (GWh/yr) in 2021 to almost 1,000 GWh/yr by 2030. A lot of the introduced battery plant initiatives are scheduled to start manufacturing between 2025 and 2030. By 2030, this manufacturing capability will probably be able to supporting the manufacture of roughly 10 to 13 million all-electric automobiles per yr.
To optimize provide chain logistics, many battery vegetation will probably be co-located with automotive vegetation. A lot of the deliberate initiatives in the US are concentrated alongside a north-south band from Michigan to Alabama. Based mostly on present plans, Kentucky, Tennessee, Georgia, and Michigan will see the very best progress in battery manufacturing capability.
Supply: David Gohlke, Yan Zhou, Xinyi Wu, and Calista Courtney, Argonne Nationwide Laboratory, Assessment of Light-Duty Plug-in Electric Vehicles in the United States, 2010–2021, ANL-22/71, 2022.
Courtesy of Vehicle Technologies Office, ENERGY EFFICIENCY & RENEWABLE ENERGY
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