Electric-Car Battery Costs To Decline to $200/kWh in 2020

by Antony Ingram
Green Car Reports
July 18, 2012

It’s not for no reason that electric cars are more expensive to buy than their fossil-fueled counterparts.

If you wanted to point the finger of blame squarely at one thing, you’d likely be pointing it at batteries…

Analysts have long been predicting that the cost of batteries would fall, but the latest study from McKinsey suggests it could fall quite dramatically by the end of the decade, and at an even faster rate before 2025.

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