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View Full Version : New Chemistries, Cheaper Metals Spark EV Battery Price Declines



EV Fan
06-24-2020, 10:23 AM
This is a guest post from John Gartner, Vehicle Electrification and Mobility Consultant and Researcher. Originally posted on June 18, 2020.
http://www.electricvehicleparade.com/storage/post-images/200618lithicarb.png?__SQUARESPACE_CACHEVERSION=159 2856183610Cost of Lithium Carbonate in China, Last 12 Months.
If electric vehicles are to become mainstream, they need to become comparable to internal combustion engine vehicles in their purchase price. Reducing the cost of the EV battery packs – a major contributor to the overall price tag – is essential to reaching price parity. Battery costs are expected to continue their downhill slide due to declining material costs as well as manufacturers eliminating the use of premium-priced metals.


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