CATL and BYD target 50% battery price cut this year to make EVs affordable – ET Auto
Baua Electric
FEBRUARY 29, 2024
As a result, the cost of a 60 kWh battery, currently priced at USD 6,776, is projected to decrease to USD 3,388 within a year, saving EV manufacturers over USD 3,000 per vehicle. fast charging capabilities at an average cost of 0.4 per Wh, equivalent to USD 56.47 RMB per Wh, significantly lower than previous prices.
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