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BCG Report Expects Battery Costs Will Constrain Widespread Market Adoption of Fully Electric Vehicles, Absent a Technology Breakthrough; Forecasts 26% of Major Market New Cars in 2020 To be Hybrid or Electric

Green Car Congress

As an example of cost direction, BCG forecasts that NCA cell and pack costs will decline 60-65% by 2020. Despite this cost challenge, however, the report projects steady growth for hybrid and electric cars—including mild- and full-hybrids; plug-in hybrids; extended range electric vehicles; and fully electric vehicles.

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A More Detailed Look at a Prismatic Li-ion Cell and Pack Manufacturing Process

Green Car Congress

The lithium-ion version of the THINK vehicle will have 384 cells in its 25 kWh battery pack and a range of more than 100 miles. Each chemistry has its characteristics for power density, energy density, safety, cost and long-term reliability. Assumptions behind cost calculations. 800/kWh system cost; 3 kWh * 800 = $2,400.

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