Ford Focus Battery Is Third of Electric Car Cost
Mike Ramsey / WSJ
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.
"They're around $12,000 to $15,000 [a battery]" for a type of car that normally sells for about $22,000, he continued, referring to the price of a gasoline-powered Focus. "So, you can see why the economics are what they are."
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