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Will lithium battery costs ever come down?

Posted on August 25, 2008

Filed under: EV/Plug-in, HybridBattery-powered cars have a lot to recommend them, but they still have one major flaw - the batteries! Compared to almost any other energy storage solution, even the best of today's electrochemical batteries still have very low energy density and very high cost. Every major car manufacturer is pursuing electrically-driven vehicles with lithium ion batteries as a solution to the problem of CO2 emissions and oil consumption. They all are aware of the fact that virtually all of these cars will be money losers for at least the first few years until production volumes...

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Tags:
batteries , battery , ev , plug in
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