Unverified50% confidenceOpinionExact time

It is widely believed in the industry that when battery costs fall to around $100/kWh, the total manufacturing cost of electric vehicles and fuel-powered vehicles will be roughly on par.

1

Sources

50%

Confidence

Long-term

Relevance

9/30/2026

First Seen

Sources

Same BMW 3 Series: Electric Version Is $4,400 Cheaper Than Gas

Related Entities

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Related Claims

UnverifiedPower batteries account for 30–40% of the total cost of an electric vehicle.79% similar VerifiedThe cost of lithium-ion battery packs fell from approximately $1,100 per kilowatt-hour in 2010 to below $100 per kilowatt-hour in 2024, a decline of more than 90%.75% similar

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