EV battery costs plummet 90% since 2008 latest data shows

13 August 2024
The cost of electric vehicle batteries has declined by 90% between 2008 and 2023, supposedly making electric cars more affordable.

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  • Anonymous

Anonymous, 15 Aug 2024garbage article, so why EVs are still ultra experience ?Yeah.
I just looked at Slovak webpage of Peugeot.
Peugeot 208 ICE: starting at 16,390 Euro
Peugeot 208 EV: starting at 31,490 Euro
Difference is 15,100 euro and for this extra price you get a pure EV, with stronger electric motor(100kW vs 55W) + 50KW battery.
I don't really see how I can save 15,101 during 5 years on EV compared to ICE to say It's cheaper.

  • Anonymous

garbage article, so why EVs are still ultra experience ?

  • Anonymous

"A recent study by JD Power found that in 48 out of 50 US states, the total cost of owning an EV over five years is already lower than owning a comparable ICE vehicle."
Really? I really want to see that study, because If I think about It, It looks rather unlikely.
That link in the article doesn't work.

"The automotive industry is optimistic that this trend will continue. Market analysis firm Gartner predicts that by 2027, electric cars will be cheaper to produce than their ICE counterparts, which should make them the default choice for new customers."
You have a n extra costly battery, yet the car will be cheaper? That has to be apples to oranges comparison then.