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Evolution of the price of the batteries according to General Motors
Evolution of the price of the batteries according to General Motors

Evolution of the price of the batteries according to General Motors

General Motor projected to fall to $ 100 / kWh the cost of batteries in 2022
The cost of batteries is one of the great secrets electric car manufacturers refuse to disclose because it depends heavily on the final price of your product.

GM estimates the price per kWh $ 100 in 2022, much lower than that forecast expert reports

Mary Barry, CEO of General Motors announced last year that the cost of the battery incorporating the Chevrolet Bolt will be about $ 145 / kWh, which is a surprise because it is a very low price compared to those currently handled.

Bolt announced a range of 200 miles (about 320 kilometers) at a price of $ 35,000 undiscounted aid. Its battery is 60 kWh capacity, so a quick count yields a cost of $ 8,700, an amount to which should be added the costs related to its suitability for the car.

Back in 2011, when it launched the world’s first electric car, the MIT Technology Review estimated costs for batteries of between 600 and 1,100 $ / kWh by 2020 and between 225 and 600 $ / kWh. The reality has been tough on these forecasts which bodes well for sales of electric vehicles. The price announced by GM, the $ 150 / kWh, is considered by experts to be the sweet spot that will allow electrical switch from a niche market to compete at the same level as the combustion. Even some reports speculate that the new Tesla factory could bring these prices to $ 88 / kWh in the short term, as will increased production and manufacturing technology.

No doubt that the automotive industry is preparing for the arrival of all kinds of electric vehicles, including conventional hybrids, plug-in hybrids and pure electric. For manufacturers it is the only way to meet the increasingly stringent emission standards and fuel economy. These regulations together with the lowering of the cost of batteries, are good news for consumers who are increasingly more incentive to make the switch to electric mobility

Evolution of the price of the batteries according to General Motors

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