During one of the sessions at the Electric Drive Transportation Association meeting here alongside the Washington Auto Show, our friend Felix Kramer from CalCars got an answer to a question that's been on his mind for a while: just how much will large-format lithium-ion batteries cost in five or ten years?
Battery-powered cars have a lot to recommend them, but they still have one major flaw - the batteries! Compared to almost any other energy storage solution, even the best of today's electrochemical batteries still have very low energy density and very high cost. Every major car manufacturer is pursuing electrically-driven vehicles with lithium ion batteries as a solution to the problem of CO2 emissions and oil consumption. They all are aware of the fact that virtually all of these cars will be m