BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021
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DECEMBER 1, 2021
This marks a 6% drop from $140/kWh in 2020. This reflects the relative immaturity of these markets, the diverse range of applications and, for the higher end of the range, low volume and bespoke orders. Since September, Chinese producers have raised LFP prices by between 10-20%. This will help to ease lithium prices.
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