Subscribe
Automakers

Rising battery prices threaten affordable EV push

Battery pack
Lithium ion batteries depend on increasingly expensive components, including cobalt, nickel and lithium in their construction. (BLOOMBERG)
B
By:
Bloomberg
December 07, 2022 09:47 AM

Falling battery prices have been one of the most consistent trends in the electric vehicle industry for the last decade. Prices dropped from well over $1,000 per kilowatt hour in 2010 to $141 per kWh last year.

Featured Stories

Chrysler
100 years in, Chrysler still striving to innovate

Stellantis design chief Ralph Gilles said the diminished brand is “ripe for a new chapter.”

VB
By:
Vince Bond Jr.
100 years in, Chrysler still striving to innovate
Sales
Automakers blame price increases on anything but tariffs
CS
By:
Carly Schaffner
Automakers blame price increases on anything but tariffs
GM
GM promotes Mike Trevorrow to head of global manufacturing
LV
By:
Lindsay VanHulle
GM promotes Mike Trevorrow to head of global manufacturing
Technology
New Luminar CEO picks up pieces after stock plunge, lidar market hurdles
PB
By:
Pete Bigelow
New Luminar CEO picks up pieces after stock plunge, lidar market hurdles

Latest News

Nissan, Stellantis supplier Marelli considers filing for Chapter 11 bankruptcy in U.S., report says
Trump is not interested in talking to Elon Musk as public feud festers into 2nd day
Michigan auto parts distributor at center of court fight over Trump ending ‘de minimis’ tariff exemption
Daily 5 report for June 6: While Trump and Elon Musk feud, the U.S. starts reboot of longtime emissions regulations
Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

U.S. auto suppliers say immediate action needed on China rare-earth restrictions
Honda Canada certifies used vehicles up to 10 model years old amid affordability challenge
BMW, Mercedes, VW said to be in talks with U.S. over possible tariff deal
Cars & Concepts: New and refreshed offerings from Kia, Subaru, Lexus, more
Staying current is easy with newsletters delivered straight to your inbox.