Global Lithium-Ion Battery Prices Hit Record Low at $108/kWh
According to BloombergNEF''s 2025 Lithium-Ion Battery Price Survey, lithium-ion battery pack prices have fallen 8% since 2024, reaching a record low of $108 per kilowatt-hour.
According to BloombergNEF''s 2025 Lithium-Ion Battery Price Survey, lithium-ion battery pack prices have fallen 8% since 2024, reaching a record low of $108 per kilowatt-hour.
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Up-to-date lithium battery cost guide with a detailed USD/Wh table: wholesale pack averages, and retail examples (EcoFlow, BLUETTI, Jackery, UDPOWER). Learn what drives $/Wh
Lithium-ion battery pack prices fell 20% in 2024 to $115/kWh. Discover what this means for EVs, battery energy storage systems, and commercial & industrial energy storage.
While the pace of price decreases has slowed, lithium-ion battery packs have reached a new record low in 2025. According to the latest analysis by BloombergNEF (BNEF), prices have
In the electric vehicle market, battery packs averaged $99/kWh, remaining below the $100 threshold for a second consecutive year. Across all uses, LFP pack prices averaged $81/kWh, while
According to the latest analysis released this week by BloombergNEF (BNEF), the volume-weighted average price for lithium-ion battery packs has fallen 8% from 2024 levels to a
Average battery pack prices were lowest in China, at $84/kWh. Pack prices in the North America and Europe were 44% and 56% higher, reflecting higher local production costs and greater
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