Tuesday, September 23, 2014

Report: Gigafactory Battery Cost As Low As $165/kWh By 2025

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One of the main goals of Tesla's Gigafactory is to bring down battery pack production costs to just under $100 per kilowatt-hour within 10 years. That goal may be harder to achieve, however, according to one skeptic.

Charged Electric Vehicles reports Dr. Menahem Anderman of Advanaced Automotive Batteries recently released a report (one that few, especially TTAC, are willing to pay $2,800 to read in full) about Tesla's battery tech and its role in the grand scheme of electrification.

In particular, Anderman expresses his doubts that Tesla can actually bring down costs to below $100/kWh before 2025:

Our assessment shows that pack pricing for the 2025 time scale could be as low as $167/kWh… Pack cost much below $200/kWh is unlikely before 2020.

Further, he doesn't believe the automaker can also bring a $35,000 EV to market by 2017, proclaiming the upcoming Model 3′s price tag "will be in the range of $50k-80k," and that the Gigafactory's use of solar power is "mostly for image and political reasons."

The post Report: Gigafactory Battery Cost As Low As $165/kWh By 2025 appeared first on The Truth About Cars.



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