Bloomberg NEF – provider of energy research and information predicts (April, 2019) that the cost of EV batteries will come down rapidly. It’s estimated that by 2025 the cost of an EV battery will only be 20% of the entire vehicle cost. Even sooner Bloomberg NEF reports that by 2022 EV will become the cheaper option.
As of 2015 the battery cost was 57% of the entire vehicle price. While this year they are down to 33% of the vehicle cost. At Berkeley Bob’s we welcome the rapid development of electric vehicles. Our nationally ASE certified technicians have the latest tools and training to safely handle the high voltage battery in your vehicle. We appreciate the improvement in air quality that the widespread adoption of electric vehicles provides.