Plug-In Electric Vehicle Purchase Price Per kWh

7 months ago by Eric Loveday 30

plugless-3

Based off our Compare EVs data, the folks over at Plugless (makers of wireless charging systems for several different plug-in vehicles) have compiled this nifty infographic that compares plug-in electric vehicles based on price per kWh of battery.

On the BEV side, the 2017 Chevrolet Bolt is the clear leader with a price per kWh of just $610. Rather surprisingly, the updated 2017 Ford Focus Electric slots in the number 2 spot at $869, followed by the Tesla Model S 75 at $993.

Editor’s note:  And yes, we realize the new Model S/X 100D Tesla offerings are not on the list.  If they were, the Model S 100D (details)/Model X 100D (details) would ring the bell at $925 and $985 respectively.

Looking at plug-in hybrids (REx), the 2017 Chevrolet Volt is the leader at $1,805 per kWh, followed by the 21.6 kWh BMW i3 REx at $2,141 and the Chrysler Pacifica Hybrid at $2,625.

If you were buying based solely on battery bang for the buck, then this infographic spells it out for you rather well.

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30 responses to "Plug-In Electric Vehicle Purchase Price Per kWh"

  1. DJ says:

    The Volt and ELR are so good they have to list it twice?? 🙂

    1. mx says:

      And yet the BMW has a BETTER lease than the Bolt.

      So, this tells the exact opposite of affordability story, to someone interested in a lease.

      1. Spider-Dan says:

        Leases tread a strange “affordability” path. The monthly payment may be cheaper, but you’ll be paying it forever, so…

  2. Samwise says:

    Ioniq?
    Also really a pretty silly metric, surely price per unit of range is far more useful, especially given that sometimes the kWh given do not actually match the chemistry and there are large variations in usable capacity.

    1. MikeM says:

      Silly metric? Not at all!

      In the world of advanced metrics, Teslas come in last in dollars per cupholder!

      1. SJCs says:

        Information on quick charging rates would be interesting. If you pay 25 cents per kWh you are paying more than $2 regular in a 30 mpg car.

      2. SparkEV says:

        There are 6 cupholders in SparkEV. When the car is full (4 people), it’s not nearly enough. 😉

  3. David Murray says:

    Wow… GM has the top spot in both EV and PHEV categories. Which is not surprising because they put the biggest batteries in. Typically a bigger battery will make the math work better.

    1. alohart says:

      I believe the 2017 33.2kWh BMW i3 REx would be less expensive/kWh than the Volt, but for some reason, it’s missing from the PHEV list even though the 33.2kWh i3 BEV version is in the BEV list.

      1. WARREN says:

        Exactly. Perhaps a misprint? I don’t even think you can currently get a Rex with anything other than the 33kWh battery.

  4. ffbj says:

    So I would assume this would be for the base models, since if you toss in more costs for options then the price per kWh would go up.
    Yes, it is. I clicked on the source.

  5. m3 reserved - Bolt/IONIQ TBD says:

    What’s impressive is Bolt is 40% better value than Tesla’s lowest. That will disappear with the M3 though.

    Efficiency definitely would be more accurate comparison, but that’s a variable many would argue only to their favor.

    Also, MSRP and actual delivered or leased plays a role. eg: Fiat 500e leases are by far the cheapest around with good 1st generation range.

    1. ffbj says:

      Yeah the Bolt did well, and I agree the M3 will too. Especially due to the new more efficient battery cell. It might undercut the
      Bolt by a few Quatloos.

  6. Villy says:

    The Hyundai Ioniq electric will be the most cost effective

    1. R.S says:

      No it won’t. It will have a bit less than $1000 per kWh. It has a 30.5kWh battery, so to be as cost effective as the Bolt, it would need to start at $18,605, before incentives.

      1. M3 reserved -- Bolt-IONIQ TBD says:

        Perhaps Per KwH. But like the 500e, I bet the IONIQ lease is going to be extremely competitive.

      2. Price per kWh it may not be, but range for price it is way up on the list (should surpass the FFE). The 28kWh pack is a li-po that can reliably hit 200km in northern Europe in the winter.

  7. Michael Will says:

    Why would S75 be less than S60, something’s not right. Not all the same year ?

    1. R.S says:

      The 100D is actually even cheaper than the 75 and it actually makes lot’s of sense. An EV isn’t just battery, there are many other parts that actually make up most of the cost of a car. So if you just increase battery size, the $ per kWh must go down.

      It can actually be shown in a very simple example. Let’s imagine we had a car with a 25kWh battery. The battery costs $5000($200 per kWh) and the rest of the car costs 15k. The price per kWh is $800.

      Now if we double the battery size to 50kWh, the pack should cost 10k, while the rest of the car is still 15k, the cost per kWh is only $500, now. If we again double the battery size to 100kWh, we just pay $350 per kWh. The higher we go the closer we get to $200, since at some point the cost of the car is negligible low and all the price is made up by the battery, which is $200 per kWh in our example.

      So even if Tesla charges quite the premium for more battery, a lot more than they actually pay, it is still lower than the $1,133 per kWh the S60 is.

  8. Drucifer says:

    5/10 of the top 10 are Teslas….actually 6/10 if you count the Mercedes B Class, which has a Tesla drivetrain.

    1. WARREN says:

      Or only 1 of the top 3, in which Tesla would be last. All depends on how you look at the numbers, lol.

  9. WARREN says:

    The bigger battery on the i3 is only a $1200 option, but the iRex comes with the 33kWh battery.
    $49,000÷33kWh=$1484 per kWh. This blows away the Volt’s $1805 price.

  10. Ziv says:

    Great news for GM. Until Tesla gets more than a handful of MIII’s sold every month.

  11. Nick says:

    $19k / 30kWh == $633 per kWh.

    This is the true cost of the LEAF. Still not as good as the Bolt, but close.

  12. Brian says:

    It is a bit of a silly metric but we love numbers 😉

    To be truely meaningful, they should be using average transaction price (MSRP + options/fees – discounts) since there are significant differences in pricing strategies.

    Discount != rebate.

  13. Alan Osborne says:

    To summarize the article:

    “… If you were buying based solely on battery bang for the buck, then this infographic spells it out for you rather well …”

    I beg to differ, the undisputable battery bang for the buck is a 2013 Nissan Leaf which is <$10K and typically still has over 90% battery capacity

  14. jim stack says:

    Let’s include the Tesla model 3.
    Also how about miles per dollar, since some smaller EVs can go further on each kWh since they weigh less.

  15. BenG says:

    With $10k rebate and $7500 fed tax credit, a 2017 Leaf drops to $417/kwh, while a base Bolt minus $7500 tax credit is $500/kwh.

    I know these incentives dont’ apply to everyone, but do for a substantial number. $12,500 net cost for a brand new Leaf is an incredible deal while it lasts if you are in a state that the rebate is available.

  16. vdiv says:

    Leave the gun/car, take the cannoli/battery 😉

  17. Bloggin says:

    Interesting comparison chart, but it would only work if consumers were just buying a battery pack.

    For this type of comparison to work, it needs to take into account the vehicle size and class as vehicles are segmented, along with trim level where much of the price variance is more than battery alone.