Energy

Ford Exec Reveals Focus Electric’s Battery Cost

It is no secret that the cost of advanced lithium-ion batteries are the main drivers behind the high cost of electric vehicles. Even so, most companies are loathe to discuss specifics when it comes to the cost of their batteries. While we’ve been able to get a general idea of the costs, most companies keep battery costs close to the chest.

But Alan Mulally, the man responsible for turning around Ford Motor Company, recently revealed the cost of battery pack found in the Focus Electric. Mulally quotes the price as between “$12,000 and $15,000” per battery pack. Is it any wonder that the Focus Electric costs $40,000 off the dealership lot?

That is up to $15,000 on top of the $22,000 or so that the Focus compact would normally cost rather well-equipped. That works out to a cost of up to $650 per kWh that Ford pays, which is still more than twice the “competitive” level of $200 per kWh that many analysts and companies are shooting for. Even so though, Ford has been able to eek out impressive ratings of 76 miles per charge and a combined MPGe of 105.

via Ford Exec Reveals Focus Electric’s Battery Cost.

Categories: Energy, Transportation