"Once we have moved the question of our Energy Security and mere survival into the technological space, we will start to talk about the R&D money spent and technological advance. Target is to bring the cost of the batteries down and its capacity up. Elon Musk was talking about 8-10% advance in battery capacity in a year now. DBM Energy is talking about 300 Wh/kg, without disclosing the cost. Argonne has a target of 400Wh on kg and price of 375 dollars per kWh.
It will be translated into the price for GM Volt 16 kWh battery of 6,000 dollar a 40% reduction and Nissan Leaf 300 kg battery could be not 24 kWh capacity giving Nissan Leaf 100 miles range, but 120 kWh with 500 miles range! This technological breakthrough will end Range Anxiety and EVs will become truly the new revolution in a way of personal mobility.
These results are still expectations at best and a few years into the future, but even DBM Energy claims could make this EV revolution reality today in case of its proper verification."