At $139/kWh, Lithium-Ion Battery Pack Prices Hit All-Time Low

BNEF expects average battery pack prices to drop to $133/kWh in 2024

December 6, 2023

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Prices of lithium-ion battery packs have dropped by 14% to a record low of $139/kWh this year due to falling raw material and component prices, research firm BloombergNEF (BNEF) has found.

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At $139/kWh, Lithium-Ion Battery Pack Prices Hit All-Time Low

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