Evelina Stoikou @evelinastoikou.bsky.social · 10/12/2024Average battery prices for passenger EVs are now below $100/kWh, often seen as the threshold for price parity with ICEs. Some EVs have achieved it, but this varies by region, segment and automaker. 2439
Evelina Stoikou @evelinastoikou.bsky.social · 10/12/2024EVs are still more expensive than comparable combustion cars in many markets, but broader access to cheaper batteries will close the gap. More on @colinmckerracher.bsky.social's piece on Bloomberg's Hyperdrive: shorturl.at/9AEFishorturl.atChina’s Electric-Car Push Drives Global Battery Price DeclinesThanks for reading Hyperdrive, Bloomberg’s newsletter on the future of the auto world. 1416
Evelina Stoikou @evelinastoikou.bsky.social · 10/12/2024What's next? Metal prices may rise as geopolitical tensions, tariffs, and stalled mining projects impact supply. However, higher LFP adoption, technology advances and competition will push battery prices down. For more see our public press release here: shorturl.at/TcVUcshorturl.atLithium-Ion Battery Pack Prices See Largest Drop Since 2017, Falling to $115 per Kilowatt-Hour: BloombergNEF | BloombergNEFNew York, December 10, 2024 – Battery prices saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record 2406
