The heart of the Ultium system is a pouch-type lithium-ion cell, 23 x 4 x 0.4 inches in size, weighing about 3 pounds, with a gross energy capacity of 0.37 kWh. Each Ultium pack will have a usable capacity between 50 kWh (144 cells) and 200 kWh (576 cells), enabling up to 450 miles of range. GM will produce Ultium cells in a joint venture with
The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant
developed in this work (shown in black). Figure ES-2 shows the overall capital cost for a 4-hour
The most important statistics. The cost of lithium-ion batteries per kWh decreased by 14 percent between 2022 and 2023. Lithium-ion battery price was about 139 U.S. dollars per
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li ion battery cost per kwh
