Ford reveal details of how much electric batteries cost

Details on the much speculated cost of electric batteries for electric vehicles have finally been revealed by Ford, at a green technology conference.

Ford Motor Co Chief Executive Alan Mulally spilled the beans that the batteries Ford use for their vehicles cost between $12,000 and $15,000 at Fortune Magazine's Brainstorm Green conference in California.

When their current Ford Focus petrol model costs around $22,000 it is easy to see why the equivalent electric model is around $39,000.

This news is interesting as previously both battery makers and car companies have been cagey about the cost of per kilowatt hour for electric batteries, but these details indicate that Ford use batteries that cost between $522 and $650 per kilowatt-hour which is between the analyst projected $500 to $1000.

If you would like to discuss the upcoming range of Ford vehicles of current models, pop into your nearest Foray Motor Group showroom to see the Ford cars for sale.

Image courtesy of DVS1mm (Greg Gjerdingen)