MIT study attributes > 50% of Li-ion rapid cost decline to investment in materials & chemistry R&D
Green Car Congress
NOVEMBER 23, 2021
The cost of Li-ion batteries has plunged some 97% since their introduction three decades ago—a rate similar to the drop in solar panel prices. The contributions of high-level mechanisms to the cost decline of 18650-sized lithium-ion battery cells between the late 1990s and early 2010s. —Jessika Trancik.
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