The 2025 Cadillac Escalade IQ's 200-kWh battery pack is second in this data comparison from Visual Capitalist, with an estimated cost of $22,540.
Battery packs are the most critical component of an electric vehicle, and they also happen to be the most expensive. How much a battery pack costs largely depends the chemical composition and its capacity; raw material costs, production expenses, packaging complexities, and supply chain stability are also big factors.
At the other end of the spectrum, the 2023 Ford Mustang Mach-E has the cheapest battery pack in this study, estimated at $6,895. The 70-kWh pack with Lithium Iron Phosphate chemistry featuring cells from LG Energy Solution accounts for 16 percent of the total cost of vehicle. The other vehicles included in the comparison are the 2023 Tesla Model S, 2022 Rivian Amazon EDV, and 2023 Volkswagen ID.4.
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