![FOTW #1234, April 18, 2022: Volumetric Energy Density of Lithium-ion Batteries Increased by More than Eight Times Between 2008 and 2020 | Department of Energy FOTW #1234, April 18, 2022: Volumetric Energy Density of Lithium-ion Batteries Increased by More than Eight Times Between 2008 and 2020 | Department of Energy](https://www.energy.gov/sites/default/files/2022-04/FOTW_1234.png)
FOTW #1234, April 18, 2022: Volumetric Energy Density of Lithium-ion Batteries Increased by More than Eight Times Between 2008 and 2020 | Department of Energy
![Simon Moores on Twitter: "> @BloombergNEF forecasting lithium ion battery prices at under $200 $/kWh by 2020. Large orders are already under $140 today. Cheap batteries for majors are here. #EV @benchmarkmin Simon Moores on Twitter: "> @BloombergNEF forecasting lithium ion battery prices at under $200 $/kWh by 2020. Large orders are already under $140 today. Cheap batteries for majors are here. #EV @benchmarkmin](https://pbs.twimg.com/media/DPyiGhgX0AAcT-N.jpg)
Simon Moores on Twitter: "> @BloombergNEF forecasting lithium ion battery prices at under $200 $/kWh by 2020. Large orders are already under $140 today. Cheap batteries for majors are here. #EV @benchmarkmin
![Electric vehicle battery cost dropped 80% in 6 years down to $227/kWh - Tesla claims to be below $190/kWh | Electrek Electric vehicle battery cost dropped 80% in 6 years down to $227/kWh - Tesla claims to be below $190/kWh | Electrek](https://electrek.co/wp-content/uploads/sites/3/2017/01/battery-cost-1.png)