{"id":153956,"date":"2022-12-30T22:22:58","date_gmt":"2022-12-31T04:22:58","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/12\/electric-vehicle-batteries-would-have-cost-as-much-as-a-million-dollars-in-the-1990s"},"modified":"2022-12-30T22:22:58","modified_gmt":"2022-12-31T04:22:58","slug":"electric-vehicle-batteries-would-have-cost-as-much-as-a-million-dollars-in-the-1990s","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/12\/electric-vehicle-batteries-would-have-cost-as-much-as-a-million-dollars-in-the-1990s","title":{"rendered":"Electric vehicle batteries would have cost as much as a million dollars in the 1990s"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/electric-vehicle-batteries-would-have-cost-as-much-as-a-million-dollars-in-the-1990s.jpg\"><\/a><\/p>\n<p>Most of us underestimate how quickly electric vehicles (EVs) will take over the car market. It\u2019s mostly down to the plummeting cost of batteries. They have only become cost-competitive in the last few years and have fallen in price 98% since the 1990s. (99% if you include inflation.) <\/p>\n<hr>\n<p>This gave me a combined series of the unit cost of lithium-ion batteries from 1991 to 2022 in $2022. I\u2019ve plotted it as a chart <strong><a href=\"https:\/\/www.datawrapper.de\/_\/fItUf\/\" rel>here<\/a><\/strong>. And <a href=\"https:\/\/www.datawrapper.de\/_\/udrlF\/\" rel>here is<\/a> the logarithmic version.<\/p>\n<p><strong>Calculating the cost of EV batteries<\/strong><\/p>\n<p>Now that we have the unit cost of batteries, we can multiply it by the size of EV batteries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most of us underestimate how quickly electric vehicles (EVs) will take over the car market. It\u2019s mostly down to the plummeting cost of batteries. They have only become cost-competitive in the last few years and have fallen in price 98% since the 1990s. (99% if you include inflation.) This gave me a combined series of [\u2026]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,1491],"tags":[],"class_list":["post-153956","post","type-post","status-publish","format-standard","hentry","category-sustainability","category-transportation"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/153956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=153956"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/153956\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=153956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=153956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=153956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}