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. This would impact EV affordability or manufacturers’ margins and could hurt the economics of energy storage projects. These automakers may now have to make a choice between reducing their margins or passing costs on, at the risk of putting consumers off purchasing an EV.
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