Electric Car Battery Prices Fall Sharply

The prices of lithium ion batteries for electric cars are falling rapidly, but conceivably not as rapidly as some assemblage believe.

A account address in the Times of London claimed Nissan was able to put a lithium array in its electric Leaf for $8,600, or at a appreciably low $375 a kWh. If so, this would advance electric cars able-bodied beneath the $30,000 sticker, back batteries are a part of the a lot of big-ticket apparatus in the vehicles.

But according to several electric car executives, array prices haven’t hit such a bedrock basal so soon. “We’re seeing cogent reductions in the amount of batteries and it’s accelerating,” says Marques McCammon, arch business administrator at the electric carmaker Aptera. “The amount of batteries is advancing down rapidly.”