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. This outweighed the gains achieved through economies of scale, although that turned out to be the second-largest category of reductions. Ziegler et al.
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