UPDATED. 2024-02-27 09:17 (화)
EV batteries' energy density triples in 10 years: BNEF
EV batteries' energy density triples in 10 years: BNEF
  • Stan Lee
  • 승인 2020.02.23 10:50
  • 댓글 0
이 기사를 공유합니다

Battery prices tumble 87%

Over the past 10 years, the energy density of EV batteries appears to have gone up by three-fold to around 300Wh/Kg, according to Bloomberg NEF (BNEF) on Feb. 21. Battery pack prices, at the same time, fell an esimated 87% over the same period to reach USD 135 per KWh.

This means that EVs can now drive longer distances per charge, on lower prices.  Back in 2010, battery packs had an energy density of around 100Wh/Kg, while prices were around USD 1183 per pack. Cathode material has also evolved from LMO to NCM622 or NCM811.

However, due to reduced government subsidies, it remains to be seen how the markets will take to the latest developments in EV batteries. Experts say that prices must go down further to below USD 100 per KWh.

As a part of movements to cut prices, US-based Tesla has recently been working with China’s CATL to adopt LFP batteries. CATL has also developed a Cell To Pack (CTP) technology for further enhancing energy density by eliminating modules in the pack.

BENF said due to changing EV and environmental policies, more carmakers are being forced to adopt electric cars, and so are consumers.


The Elec is South Korea’s No.1 tech news platform.

삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2024 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr