Learning only buys you so much: Practical limits on battery price reduction

I-Yun Lisa Hsieh, Menghsuan Sam Pan, Yet-Ming Chiang and William H. Green

Applied Energy, 2019, vol. 239, issue C, 218-224

Abstract: Wide deployment of electric vehicles (EVs) would greatly facilitate global de-carbonization, but achieving the emission targets depends on future battery prices. Conventional learning curves for manufacturing costs, used in many battery projections, unrealistically predict battery prices will fall below $100/kWh by 2030, pushing EVs to hit price parity with internal combustion engine vehicles (ICEVs) in the absence of incentives. However, in reality, essential materials costs set practical lower bounds on battery prices.

Keywords: Energy science; Battery technology; Energy storage; Energy economics; Electro mobility (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (35)

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DOI: 10.1016/j.apenergy.2019.01.138

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