Friday, April 25, 2025

Electric car batteries have become 90 percent cheaper in 15 years

While motorists are still paying far too much for new cars, car brands can be happy that batteries for electric cars have dropped 90 percent in price in 15 years.

Despite government subsidies, motorists still pay far too much for new electric cars. And that even though the batteries for them have become 90 percent cheaper in 15 years.

This is shown by new figures from the US Department of Energy. Specifically, it is the Vehicle Technologies Office department that has looked at the figures.

And they are very clear. Between 2008 and 2023, it has become 90 percent cheaper to put a battery in an electric car.

According to the American authorities, the car brands paid up to 1,415 dollars in 2008, corresponding to 118,000 kroner per car. kWh. Last year, that price was down to 139 dollars, corresponding to 949 Danish kroner.

READ ALSO: Huge company bankrupt – has several car brands as customers

The drastically reduced price is just not really something drivers notice. State subsidies and other incentives are still needed to lure people over to electric cars.

This is clearly seen in Germany, where interest in electric cars has collapsed for the 7th month in a row, after the country's government stopped all public support for the purchase of electric cars with immediate effect in December 2023.

Even so, the price of battery packs has not yet bottomed out. At least not if you ask the research firm Gartner. Here it is expected that it will not be until 2027 that the electric car will be cheaper to build than the internal combustion engine.

Something else is whether the generally declining interest in electric cars among consumers has a negative impact on or delays the already falling costs of electric car batteries.

Not everyone expects electric cars to become cheap right away, either. Or for that matter in 2027. At Mercedes, for example, they believe that the really cheap electric car has very long prospects. Read more about it here .

At the same time, the car brands are almost in a row to undo targets for electric cars. Most recently, Audi has announced that you cannot do without the combustion engine in 2033 after all.

Then there are also the car brands that continue to claim that they make next to nothing on electric cars. At Volkswagen, they say outright that the business will look bad without the internal combustion engine. Read more about it here .

Read more exciting news from and about the world of cars right here!

Latest

Boosted Magazine
Boosted Magazine
Boosted in Denmark has over a million unique users, surpassing two million sessions, and accumulating over seven million page views each month, and our platforms has become a hub for automotive enthusiasts. Now you can enjoy our content in English too! Enjoy our free car news - every day. Want to talk to us? Write an email to boosted@boostedmagazine.com
spot_img

Another car brand gives up on building only electric cars

There simply aren't enough customers for electric cars. So now another car brand is putting its goal of building only electric cars on the...

Nissan confirms: Next GT-R will NOT be an electric car

There won't be any electric cars. At least not when it comes to the next Nissan GT-R in the line. Instead, it will keep...

Despite 30,000 complaints – Ford denies defects in unpopular engine

In one Facebook group alone, 30,000 members are complaining about problems with Ford's Ecoboost engine. But the car brand denies that the unpopular design...

The EU will tighten rules for car inspections – here are the requirements

It should be more difficult for a car to pass a periodic vehicle inspection. That's the opinion of the EU, which will now tighten...

Your car is dirtier than the toilet – here's the worst part

A study from Aston University shows that the trunk of used cars in particular is full of bacteria. And that it gets worse over...

Huawei to build world's fastest charger for electric cars

Chinese tech giant Huawei has launched a 1,500 kW fast charger. All to get ahead in the race for fast charging against, among others,...

The 10 best-selling cars in Denmark are all electric cars

Danes don't exclusively buy electric cars. But for the first time ever, the entire top 10 on the sales lists consists only of electric...

Auto giant warns – expects losses of 33 billion

Nissan's new CEO Ivan Espinosa is battling a loss of 33 billion kroner. Several car models are being discontinued, and the Sunderland factory is...

Saved up for Ferrari for 10 years – died after 1 hour

Japanese music producer Honkon's dream of a Ferrari 458 Spider burned out just an hour after delivery. His 10 years of savings literally went...

Is your car on the list? These electric cars wear out their tires the most

Electric cars are heavier than petrol and diesel alternatives. That's why electric cars also wear out their tires faster. Some are much worse than...

Porsche boss accused of hate speech – wants to blow up mountain

Wolfgang Porsche, chairman of Porsche SE, wants to build a 500-meter tunnel and garage under his home in Salzburg, but it requires blowing up...

New Mazda comes to Denmark with 100-inch screen

The Mazda EZ-60, which is called the CX-5e in Europe, is actually a Chinese Changan Deepal S07. The car comes to Denmark with a...