DOE estimates that EV battery pack costs in 2021 are 87% lower than in 2008

Green Car Congress
By mmillikinOct 5, 2021, 5:30 am210 pts
Research by the Department of Energy’s (DOE) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 87% between 2008 and 2021 (using 2021 constant dollars). The 2021 estimate is $157/kWh on a usable-energy basis (the equivalent of $143/kWh on a rated-energy…

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