Super-charged battery market logs 87 per cent price drop since 2010

clock •
Battery prices will keep falling, making EVs cheaper, Bloomberg say
Image:

Battery prices will keep falling, making EVs cheaper, Bloomberg say

Analysts predict battery market will be worth $116bn a year by 2030

Tumbling battery prices will mean that electric vehicles (EVs) reach cost parity with internal combustion engine vehicles by 2023, according to a report out today by analysts at Bloomberg New Energy Finance...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Receive full access to businessgreen.com, indispensable information for business professionals

Choose from our 3 paid membership levels

Join now

 

Already a BusinessGreen
member?

Login

Author spotlight

Catherine Early

View profile
More from Catherine Early

Charging to the front: Battery M&A activity continues on back of bullish long-term outlook for sector

Black bag waste powers new Leeds low carbon heat network

Most read
01

The critical role of biodiversity in creating business value

20 October 2021 • 3 min read
02

Net Zero Strategy: Government unveils historic plan to make UK 'fighting fit' for the global green industrial revolution

19 October 2021 • 11 min read
03

What does success look like for COP26?

22 October 2021 • 8 min read
04

The Net Zero Strategy: All the top announcements at a glance

19 October 2021 • 8 min read
05

Net Zero Strategy: We have a plan

20 October 2021 • 6 min read

More on Technology

Hertz has purchased 100,000 Model 3 Teslas and plans to roll out charging infrastructure across its North America and European markets | Credit:Hertz
Transport

Hertz places order for 100,000 Teslas

Rental giant plans to step up investment in electrifying its fleet and building out charging infrastructure

Bea Tridimas
clock 26 October 2021 • 2 min read
The UK needs around 325,000 EV chargers in the next decade to match the increasing demand for electric transport
Transport

UK100: EV drivers facing a 'black hole' of missing charging infrastructure

UK100 group of local authorities warns that as demand for EVs increases, the UK is falling short of the number of chargers needed to meet anticipated growth in demand

Bea Tridimas
clock 26 October 2021 • 3 min read
Capgemini is headquartered in Paris but operates in 50 countries around the world
IT

From cutting air travel to counting carbon: How Capgemini plans to achieve net zero by 2030

BusinessGreen's sister publication Computing sits down with James Robey to discuss the consultancy giant's push towards achieving net zero across its operations, business travel, and supply chain by 2030

John Leonard, Computing
clock 25 October 2021 • 5 min read