BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021
Green Car Congress
DECEMBER 1, 2021
This marks a 6% drop from $140/kWh in 2020. Continuing cost reductions bode well for the future of electric vehicles; however, the impact of rising commodity prices and increased costs for key materials such as electrolytes has put pressure on the industry in the second half of the year.
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