Battery specification will drive the Electric Cars' market for a while, but as with all technology progress here can easily exceed our most outrageous expectations today.
"Sebastian Blanco from AutoBlogGreen.com has run an article on DBM Energy and its Lithium Metal Polymer Battery in New York Times couple of days ago. Finally, this story has made it to the U.S. and in a grand fashion. Claims about the 375 mile range for an EV on a single charge - this new Lithium Battery technology can provide - are already outstanding, and we had discussed it in the great detail last year, but now we have some pricing points to discuss and this is where this technology can be a truly disruptive one.
According to the article mass-production cost of a 98.8 kWh version of the Lithium Metals Polymer Battery would range from 800 to 1,000 euros. Just compare it to the price of GM Volt 16 kWh battery of approximately 8,000 dollars and Nissan Leaf 24 kWh battery is at the same price level of 8,000 - 10,000 dollars. Battery cost and Range Anxiety are the two major road bumps for the mass adoption of Electric Cars."