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EV Batteries

Battery manufacturers are developing innovative technologies that provide advanced energy systems for transportation applications. New breakthroughs in technology, chemistry and manufacturing help bring down the costs of batteries.

Key facts


"Between 1991 and 2005 [...] the cost per unit energy of the lithium ion batteries used in electric cars fell by 80 percent, while the energy density of those batteries (the amount of energy that can be stored in a battery by weight) doubled." (Charging Forward: The Emergence of Electric Vehicles)


"Nissan researchers have been able to charge batteries within 10 minutes in the lab, although their technology is not yet ready for commercial deployment." (Charging Forward: The Emergence of Electric Vehicles)


"The price of a complete automotive lithium-ion battery pack could fall from $500to $600 per kilowatt hour (kWh) today to about $200 per kWh by 2020 and to about $160 per kWh by 2025." (Battery Technology Charges Ahead)


"Battery manufacturing could grow to $100 billion a year [in the United States] by 2030" (Electric Vehicles: Reducing Foreign Oil Dependence)


"U.S. Department of Energy (DOE) said that [the American Recovery and Reinvestment Act], ARRA would increase U.S. advanced technology battery manufacturing capability [...] to [...] a projected 40% of the world’s EV batteries by 2015" (Battery Manufacturing for Hybrid and Electric Vehicles


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