EV battery costs dissected at Frankfurt Motor Show
http://www.seekingalpha.com/news/2788926

EV battery costs dissected at Frankfurt Motor Show
Sep. 21, 2015 9:03 AM • SA Editor Clark Schultz
The cost of batteries for electric vehicles and hybrids is a major topic at 
theFrankfurt Motor Show where execs stressed the continued double-digit annual 
decline in cost per kilowatt.
Battery prices are down to a $300/kWh-$400/kWh range and are forecast to drop 
below $200/kWh by the end of the decade.
Analysts think a drop in battery prices to $100 kWh is necessary to help the EV 
industry compete at a comparable scale to gas-powered models.
Talk will fade into hard numbers as Nissan (OTCPK:NSANY), Tesla Motors 
(NASDAQ:TSLA), and General Motors (NYSE:GM) produce their new electric vehicles 
in larger numbers.


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