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Electric vehicle battery cost to drop to US$10,000 by 2015

Electric vehicle battery cost to drop to US$10,000 by 2015

The U.S. Department of Energy has predicted the cost of an electric vehicle (EV) battery will drop to US$10,000 by 2015 against a backdrop of rising EV sales.

The cost of an EV battery has already reduced by almost half over four years, according to DoE figures.

In its latest figures for U.S. EV sales, the department reported almost 9,000 sales in June alone as figures for the first half of the year doubled from the same period in 2012. read more →

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