Market Update: How Battery Pack Costs Declined Since 2008
Blink Charging
NOVEMBER 2, 2023
The cost of battery packs has been a significant factor in the adoption of these technologies, and recent developments show that we’re moving in the right direction as prices drop. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh.
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