Predicted costs of lithium-ion batteries in EVs by type 2012-2016
This statistic shows a projection of the costs of lithium-ion batteries for electric vehicles in 2012 and 2016, by vehicle type. In 2012, lithium-ion batteries cost 814 U.S. dollars per kilowatt hour in plug-in hybrid electric vehicles. The reduction in cost of lithium-ion batteries will be heavily influential on the success of plug-in hybrid electric vehicles. Charging infrastructure as well as customer acceptance will be important in the growth of this industry. The reduction in costs of cobalt, metal, wiring, and plastic have helped lower battery costs.
