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BloombergNEF: Lithium-Ion Battery Pack Prices Hit Record Low of $139/kWh
November 27, 2023
NEW YORK, England, Nov. 27 (TNSres) -- BloombergNEF, a part of Bloomberg, issued the following news release:

Following unprecedented price increases in 2022, battery prices are falling again this year. The price of lithium-ion battery packs has dropped 14% to a record low of $139/kWh, according to analysis by research provider BloombergNEF (BNEF). This was driven by raw material and component prices falling as production capacity increased across all parts of the battery value chain . . .

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