And without a doubt, that price slide is going to continue as the price of batteries comes down. Here’s more on that from Andrew Meggison in this Gas2 repost:

The nice thing about new technology is that, eventually, it drops in price. A flatscreen HDTV used to cost thousands, now there is one in most homes in America. Laptops once cost as much as a compact car; now you can get one for a week’s worth of minimum wage work. The same thing seems to be happening to electric and hybrid cars. The Tesla Model S and Chevy Volt are expecting significant price cuts in the near future, and cars like the Nissan Leaf and Smart ForTwo Electric Drive have already shaved thousands from their MSRP.