Not Logged In Log In   Sign Up   Points Leaders
Follow Us    9:05 PM

GasBuddy News Article

55
votes
Battery Prices for Electric Vehicles Fall 14%, BNEF Says

Bloomberg -- The average price of lithium-ion battery packs for electric vehicles fell 14 percent in the past year as production capacity exceeded demand, Bloomberg New Energy Finance said.

Batteries cost $689 a kilowatt-hour in the first quarter of 2012, compared with $800 a year earlier, the London-based research company said today in a statement.

Prices for batteries have dropped 30 percent since 2009, making electric vehicles less expensive.

“Batteries are one of the biggest drivers of the cost of electric vehicles,” New Energy Finance Chief Executive Officer Michael Liebreich said in the statement. “A sharp decline in price may be unwelcome for battery manufacturers, but it is essential for the long-term health of the sector.”


Read the Full Article

Submitted Apr 17, 2012 By: Mudsprings
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Battery Prices for Electric Vehicles Fall 14%, BNEF Says Back to Topics
REPLIES (newest first) Post a Reply
pliskin
Champion Author Syracuse

Posts:7,584
Points:2,382,150
Joined:Apr 2005
Message Posted: Apr 17, 2012 7:43:31 PM

And the point is? I'm still not inclined to buy an electro scrap heap!
firasatali
Champion Author Toronto

Posts:6,514
Points:1,332,305
Joined:May 2011
Message Posted: Apr 17, 2012 7:43:20 PM

good
itsjustme719
Champion Author Hamilton

Posts:2,256
Points:1,330,960
Joined:Dec 2010
Message Posted: Apr 17, 2012 7:41:03 PM

Still out of my price range.
camaro_man
Champion Author Kitchener-Waterloo

Posts:5,629
Points:1,443,520
Joined:Jun 2010
Message Posted: Apr 17, 2012 7:37:21 PM

wow
heidi727
Rookie Author South Carolina

Posts:17
Points:127,145
Joined:Mar 2011
Message Posted: Apr 17, 2012 7:37:10 PM

still expensive
Graysharky
Rookie Author Toronto

Posts:18
Points:51,055
Joined:Jan 2012
Message Posted: Apr 17, 2012 7:32:45 PM

The Manufacturers will make good profits when more vehicles needing Lithium-Ion and other EV battery packs are sold in large numbers.
hank1326
Champion Author Los Angeles

Posts:11,322
Points:2,484,610
Joined:Jun 2008
Message Posted: Apr 17, 2012 7:31:33 PM

Ditto to sonic_cd33. Still too costly.
mfeldstein
Champion Author Ottawa

Posts:11,429
Points:2,715,960
Joined:Feb 2007
Message Posted: Apr 17, 2012 7:26:08 PM

All new technologies drop in price over time.
sonic_cd33
Champion Author Illinois

Posts:5,820
Points:1,365,205
Joined:Aug 2011
Message Posted: Apr 17, 2012 7:25:32 PM

still too much...
bowser12304
Champion Author Pennsylvania

Posts:2,633
Points:1,691,815
Joined:Dec 2008
Message Posted: Apr 17, 2012 7:24:25 PM

still tooooooooooooooo expensive
shea33
Champion Author Pensacola

Posts:5,539
Points:1,306,520
Joined:Oct 2011
Message Posted: Apr 17, 2012 7:23:46 PM

yep
oldiesman
Champion Author New York

Posts:9,574
Points:2,957,980
Joined:May 2006
Message Posted: Apr 17, 2012 7:21:57 PM

Never buy one?
no8c
Champion Author Ohio

Posts:5,625
Points:1,481,885
Joined:Jul 2008
Message Posted: Apr 17, 2012 7:19:47 PM

Thanks for posting this article!
PerSonneL
Champion Author Alberta

Posts:1,188
Points:736,915
Joined:Mar 2008
Message Posted: Apr 17, 2012 7:14:28 PM

as if it was cheap?
Mermaan
Champion Author Boston

Posts:1,572
Points:421,235
Joined:Apr 2011
Message Posted: Apr 17, 2012 7:14:04 PM

Good news to help sell EV's, Plug in's, and Hybrids to the masses.
rxman1
Champion Author Toledo

Posts:13,178
Points:2,698,645
Joined:Nov 2007
Message Posted: Apr 17, 2012 7:13:40 PM

A step in the right direction but not lasting I'll bet.
CQQKIE
All-Star Author Illinois

Posts:982
Points:367,955
Joined:Jul 2008
Message Posted: Apr 17, 2012 7:12:12 PM

To much money.
northerntruckgu
Veteran Author Ontario

Posts:495
Points:135,110
Joined:Nov 2011
Message Posted: Apr 17, 2012 7:11:04 PM

C02 from cars or from hydo plants same diff What a joke
toadNY
Champion Author Albany

Posts:10,489
Points:2,327,800
Joined:Apr 2008
Message Posted: Apr 17, 2012 7:10:41 PM

When they recharge them selfs as you drive than may be!
RickF350
Champion Author Washington

Posts:4,180
Points:760,010
Joined:Apr 2008
Message Posted: Apr 17, 2012 7:09:40 PM

Still too expensive.
sammy518
Champion Author Austin

Posts:2,589
Points:539,790
Joined:Dec 2010
Message Posted: Apr 17, 2012 7:04:48 PM

ok
Nancy&Len
Champion Author Cleveland

Posts:5,254
Points:2,744,550
Joined:Sep 2004
Message Posted: Apr 17, 2012 7:04:14 PM

Could it be because the market is soft.
pbug101
Champion Author Georgia

Posts:4,687
Points:1,248,285
Joined:Aug 2011
Message Posted: Apr 17, 2012 7:04:14 PM

good
Romey08
Champion Author Virginia

Posts:7,214
Points:1,661,920
Joined:Apr 2008
Message Posted: Apr 17, 2012 7:03:23 PM

Drop in prices is always a good thing
Dennis783
Champion Author Des Moines

Posts:16,970
Points:3,490,070
Joined:Sep 2005
Message Posted: Apr 17, 2012 7:00:58 PM

That's what needs to happen!
cssco
Champion Author Virginia

Posts:10,579
Points:2,544,360
Joined:Feb 2006
Message Posted: Apr 17, 2012 6:58:46 PM

No hope here.
captngasTN
Champion Author Tennessee

Posts:4,798
Points:2,099,740
Joined:Jun 2009
Message Posted: Apr 17, 2012 6:56:44 PM

if production capacity exceeded demand then why the surge in EV sales in a previous article?
dieselme2011
Champion Author British Columbia

Posts:6,431
Points:1,309,715
Joined:Mar 2011
Message Posted: Apr 17, 2012 6:55:48 PM

Still to expensive for my budget
cleangasprices
Veteran Author Vancouver

Posts:315
Points:72,515
Joined:May 2011
Message Posted: Apr 17, 2012 6:54:19 PM

I would consider when prices come down by 33%
southrob
Champion Author Tucson

Posts:6,088
Points:1,416,720
Joined:Mar 2011
Message Posted: Apr 17, 2012 6:52:45 PM

exspensive
TedNC
Champion Author North Carolina

Posts:1,469
Points:321,840
Joined:May 2011
Message Posted: Apr 17, 2012 6:51:55 PM

The auto manufacturer will save 14% but won't pass that to the consumer.
justbs86
Rookie Author Los Angeles

Posts:47
Points:136,265
Joined:Nov 2010
Message Posted: Apr 17, 2012 6:51:29 PM

by the time a 20012 Prius needs & pay for a hybrid battery would be 2027
because in California, 15 years or 150,000 miles must passed, as the warranty covers the 1st 15 years or which ever comes first. The price for the hybrid should be much lower than todays cost
Wes1972
All-Star Author California

Posts:654
Points:859,715
Joined:Mar 2011
Message Posted: Apr 17, 2012 6:51:28 PM

I guess all the millions in govt support (grants,loans & special deals)for this industry filter back to the consumer.

I wonder what the hazard disposal charge is when you need to change these things.
BrucePen
Champion Author Ontario

Posts:9,246
Points:2,020,570
Joined:Sep 2008
Message Posted: Apr 17, 2012 6:50:20 PM

When demand increases the prices will fall.
Digger52
Champion Author Chicago

Posts:5,556
Points:1,649,900
Joined:Aug 2008
Message Posted: Apr 17, 2012 6:47:04 PM

Teeny step in the right direction. . .
SUPERQUACK
Champion Author Sacramento

Posts:6,457
Points:2,592,730
Joined:Jun 2007
Message Posted: Apr 17, 2012 6:46:33 PM

WONT HELP SALES
iamforiu
Champion Author Indiana

Posts:6,981
Points:1,547,915
Joined:May 2011
Message Posted: Apr 17, 2012 6:46:06 PM

ok
eeek
Champion Author Cleveland

Posts:18,040
Points:3,884,875
Joined:Sep 2003
Message Posted: Apr 17, 2012 6:44:22 PM

sounds good
IUVidiot
Champion Author Indiana

Posts:6,989
Points:1,545,385
Joined:Jun 2011
Message Posted: Apr 17, 2012 6:43:18 PM

ok
GryphonX
Champion Author Nevada

Posts:7,410
Points:2,230,425
Joined:Nov 2007
Message Posted: Apr 17, 2012 6:43:17 PM

We need "order of magnitude" improvements for them to make sense, not a percentage point shave here and there ...
MattieDale
Sophomore Author Cincinnati

Posts:236
Points:207,275
Joined:Mar 2003
Message Posted: Apr 17, 2012 6:41:30 PM

shocking
babugp
Veteran Author Philadelphia

Posts:339
Points:76,685
Joined:Mar 2012
Message Posted: Apr 17, 2012 6:39:19 PM

good for them
tjc09f
All-Star Author Tallahassee

Posts:630
Points:1,360,710
Joined:Mar 2011
Message Posted: Apr 17, 2012 6:31:24 PM

Ok
LegoVasavouchi
Champion Author Oklahoma

Posts:1,659
Points:114,390
Joined:Apr 2011
Message Posted: Apr 17, 2012 6:29:41 PM

Fascinating.
PrettyLittleLady
Champion Author Modesto

Posts:6,197
Points:2,651,465
Joined:May 2006
Message Posted: Apr 17, 2012 6:28:42 PM

Ok..
sydb7
Champion Author Atlanta

Posts:6,042
Points:2,653,765
Joined:Mar 2003
Message Posted: Apr 17, 2012 6:28:03 PM

That is good
fcdriver
Champion Author Tennessee

Posts:10,493
Points:2,278,865
Joined:Sep 2008
Message Posted: Apr 17, 2012 6:26:38 PM

that will help
voom
Sophomore Author Nevada

Posts:121
Points:695,660
Joined:May 2004
Message Posted: Apr 17, 2012 6:26:25 PM

But that's still $3,031.60 for a 4.4KW Prius battery.
car54BC
Champion Author British Columbia

Posts:5,407
Points:2,035,620
Joined:May 2008
Message Posted: Apr 17, 2012 6:26:06 PM

Making electric cars less expensive ???????
TonyPSU
Champion Author Cleveland

Posts:5,735
Points:1,494,615
Joined:May 2011
Message Posted: Apr 17, 2012 6:18:24 PM

Good but will they lower the price of the car?
dale243
Champion Author Dallas

Posts:1,005
Points:1,364,660
Joined:Jan 2011
Message Posted: Apr 17, 2012 6:16:50 PM

Astep in the right direction.
Post a reply Back to Topics