Battery Price Trends
The cluster discusses the costs, price declines, and future projections of batteries, especially lithium-ion for EVs, home storage like Tesla Powerwall, and grid applications, including comparisons to other technologies and economic factors.
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So just as egregious as the OP tesla battery since 2h/10h vs $5k/$25k ?
The cited numbers in the linked article directly contradict this. Your intuition is about battery "capacity", but the number that matters here is battery cost, which is not the same thing. And batteries are getting rapidly cheaper as production scales past the hand-held devices against which your intuition was calibrated and into the realm of vehicle power and grid buffering.
Yes, the batteries are very expensive. Doubling the battery capacity adds $20,000 to the cost of the car. Most likely the batteries will have a 5 year lifespan, so the amortized operating costs of the batteries may be around $20,000/5 = $4,000 per year. There's also the issue of the environmental costs of the manufacture and of the disposal. These factors are seldom mentioned or discussion tolerated these days, buried under talk of going green and the low cost of the electricity to recharge.
Related:Electric vehicle battery prices are falling faster than expected: https://news.ycombinator.com/item?id=38304405
I though we hit sub $100/kWh in 2024?https://www.visualcapitalist.com/charted-lithium-ion-batteri...
How would things look if batteries were 90% cheaper?
Your logic is backwards, it is the demand for batteries that will make them cheap. Just look at the actual datahttps://ourworldindata.org/battery-price-decline
Batteries are falling in price rapidly and will probably continue to do so. Some data here https://cleantechnica.com/2015/03/26/ev-battery-costs-alread...I don't know if you need a huge increase in capacity/kg - present Telsas work ok but are expensive. I'd be surprised if costs don&#x
The lead-acid battery in my car holds 660Wh (12V, 55Ah) and costs less than $100. That puts lead acid at a quarter the price of the Tesla powerwall (admittedly without an inverter).
Only because it's a wide line.Cost is $139/kWh, which on a scale of 0-9000, is pretty close to zero historically. https://about.bnef.com/blog/lithium-ion-battery-pack-prices-...