Jengaj John's post

Battery prices continue to drop- what does that mean for electric cars?


The main reason why electric cars are more expensive to buy than the equivalent petrol car is the battery. When Tesla's Model S launched in 2012, the battery in the car cost approximately $30,000. But the price has fallen rapidly, by 85 percent between 2010 and 2020 and based on Wright's law, it will continue to fall as total production increases.
  • Patrick Kiash

    67 w

    Meaning by 2030 there will be great difference. Good for Electric Vehicles.

    5
    • Munene Mugambi

      67 w

      Better for prices of electric vehicles

      6
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