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The cost of the Mitsubishi i MiEV in Japan falls from ¥4 million to ¥2.8 million after all government incentives are discounted from the sales price. [ 31 ] New next generation vehicles, including electric and fuel cell vehicles , plug-in hybrids , hybrid electric vehicles , clean diesel and natural gas vehicles are exempted from both the ...
Mitsubishi is expecting that mass production of lithium-ion batteries from its battery plant coming online in April 2012 will allow to reduced battery cost from its current ¥2.5 million to less than ¥1 million. [152]
Bloomberg New Energy Finance (BNEF) concludes that battery costs are on a trajectory to make electric vehicles without government subsidies as affordable as internal combustion engine cars in most countries by 2022. BNEF projects that by 2040, long-range electric cars will cost less than US$22,000 expressed in 2016 dollars.
Subsequent electrically powered vehicles have included a 200 kW Lancer Evolution, [5] and a battery-equipped Mitsubishi i kei car (i-MIEV). [1] [6] The i-MiEV was launched for fleet customers in Japan in July 2009, [7] and on April 1, 2010 sales to the public began in the Japanese market at a price of 4 million yen (~USD43,000). [8]
The costs to operate an EV in the US are typically lower or much lower than gasoline cars, as they require much less fuel. [107] Maintenance costs are also lower, at roughly $0.04 per mile. Over the typical lifetime of a car, this sums to a difference about $8,000 compared to a gasoline car. [108]
A number of new chemistries compete to displace Li-NMC with (see solid-state battery) performance above 800Wh/kg in laboratory testing. As of December 2019, despite more reliance on recycled materials the cost of electric vehicle batteries has fallen 87% since 2010 on a per kilowatt-hour basis. [3] Demand for EVBs exceeded 750 GWh in 2023. [1]
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