Battery Is One-Third the Cost of Ford's New Focus Electric
One of the auto industry's most closely guarded secrets—the enormous cost of batteries for electric cars—has spilled out.
Speaking at a forum on green technology on Monday, Ford Motor Co. Chief Executive Alan Mulally indicated battery packs for the company's Focus electric car costs between $12,000 and $15,000 apiece.
"When you move into an all-electric vehicle, the battery size moves up to around 23 kilowatt hours, [and] it weighs around 600 to 700 pounds," Mr. Mulally said at Fortune magazine's Brainstorm Green conference in California.
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