DrPowell
Well-known member
Noticed this article on battery replacement cost projections:
http://www.reuters.com/article/idUSN1521310320100715
LG Chem Chief Executive Bahnsuk Kim told Reuters his company sees a 50 percent drop in battery prices by 2015, and he expected that would be enough to drive increased demand.
"In the next five years we see the prices in half. Our target is half," Kim said on the sidelines of the Holland, Michigan event.
In the terms tracked by the emerging electric vehicle industry, the Department of Energy said it expected battery costs per kilowatt hour to drop from about $1,000 in 2009 to $300 in 2015 and $100 in 2030.
http://www.reuters.com/article/idUSN1521310320100715
LG Chem Chief Executive Bahnsuk Kim told Reuters his company sees a 50 percent drop in battery prices by 2015, and he expected that would be enough to drive increased demand.
"In the next five years we see the prices in half. Our target is half," Kim said on the sidelines of the Holland, Michigan event.
In the terms tracked by the emerging electric vehicle industry, the Department of Energy said it expected battery costs per kilowatt hour to drop from about $1,000 in 2009 to $300 in 2015 and $100 in 2030.
