Lithium-ion Battery Prices in 2023 : Is Lithium-ion battery a good investment?
Lithium-ion battery packs for electric vehicles are now available for $157 per kWh. This is an extension of years of cost savings. However, it can increase this year if increasing material costs finally overtake cost-cutting measures. For lithium-ion battery packs, the cost-competitive price point for electric vehicles in the automotive sector is typically $100 per kWh. Of course, the type of car will determine this, as some markets can develop cost-competitive EVs with more expensive batteries. Through 2022, the average...
