Category: eMobility

DOE: In 2022 money, EV battery costs have kept falling

Mercedes-Benz Alabama battery factoryMany analyses have shown that EV battery costs stopped decreasing in 2022, putting off affordability goals. But the U.S. Department of Energy (DOE) recently issued a reality check. Based on 2022-constant dollars, battery costs actually continued falling last year at the pack level, despite accelerated inflation, according to DOE estimates. The...