David Gordon works with E Source’s industry experts to write their research into reports. Before coming to E Source, he was a policy analyst in Seattle attempting to relieve traffic in the region. He holds an MA in policy studies and a BA in law, economics, and public policy from the University of Washington Bothell.

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Battery market forecast to 2030: Pricing, capacity, and supply and demand

David Gordon
March 15, 2022

We used data-driven models to forecast battery pricing, supply, and capacity through 2030. EV battery prices will likely drop in half. And the current 30 gigawatt-hours (GWh) of installed battery storage should rise to 400 GWh by 2030. We explain some of the causes and effects of these changes.