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Battery Prices Are Falling Again, and That’s a Good Thing - Inside Climate News

Summary by Ground News
Bloomberg NEF issued its annual battery price report this week, showing a global average price of $139 per kilowatt-hour for a lithium-ion battery pack. The report predicts prices will continue to decline, reaching an average of $113 in 2025 and $80 in 2030. The average would fall below $100 in 2027.

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Battery Prices Are Falling Again, and That’s a Good Thing - Inside Climate News

Optimists about the shift to clean transportation often talk about a double benefit: Electric vehicles have almost zero emissions and soon they also will be less expensive than their gasoline counterparts. But the idea of the inevitability of cheaper EVs took some hits last year as the average price of lithium-ion batteries increased. Analysts reassured […]

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Inside Climate News broke the news in on Thursday, November 30, 2023.
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