|
Citing its "2025 Lithium-Ion Battery Price Survey", BloombergNEF reported that the volume-weighted price for lithium-ion battery packs declined by 8% year-over-year, to a record low of $108 per kilowatt-hour on average. Manufacturing overcapacity, increasing competition, and a shift to lower-cost lithium iron phosphate batteries were cited as the main causes of declining prices.
|