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Systematic review of EV battery pack costs suggests economies of scale may push cost toward US$200/kWh without further cell chemistry improvements

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Further, they reported in their paper published in Nature Climate Change , the cost of battery packs used by market-leading BEV manufacturers are even lower at US$300/kWh, and has declined by 8% annually. Combined with improvements due to economies of scale, the industry can see an ongoing drop in cost. Batteries Forecasts'

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