Electric cars cheaper than gas ones by 2020, says Chinese battery supplier

Lithium-ion cell and battery pack assembly for Nissan Leaf electric car in Sunderland, U.K., plantEnvision Energy, a Chinese company that bought Nissan’s former AESC battery business, says it will be able to make battery packs for less than $100 per kilowatt-hour in the next two years. That number is significant, because it’s the threshold at which automakers and analysts say electric cars will become cheaper to manufacture and sell than gas…
Source: Hybrid and Electric Car News and Reviews