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Learning only buys you so much: Practical limits on battery price reduction

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  • Hsieh, I-Yun Lisa
  • Pan, Menghsuan Sam
  • Chiang, Yet-Ming
  • Green, William H.

Abstract

Wide deployment of electric vehicles (EVs) would greatly facilitate global de-carbonization, but achieving the emission targets depends on future battery prices. Conventional learning curves for manufacturing costs, used in many battery projections, unrealistically predict battery prices will fall below $100/kWh by 2030, pushing EVs to hit price parity with internal combustion engine vehicles (ICEVs) in the absence of incentives. However, in reality, essential materials costs set practical lower bounds on battery prices.

Suggested Citation

  • Hsieh, I-Yun Lisa & Pan, Menghsuan Sam & Chiang, Yet-Ming & Green, William H., 2019. "Learning only buys you so much: Practical limits on battery price reduction," Applied Energy, Elsevier, vol. 239(C), pages 218-224.
    • Handle: RePEc:eee:appene:v:239:y:2019:i:c:p:218-224
    DOI: 10.1016/j.apenergy.2019.01.138
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    References listed on IDEAS

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