BNEF: Li-ion battery pack prices rise for first time since 2010 to an average of $151/kWh
Green Car Congress
DECEMBER 7, 2022
Rising raw material and battery component prices and soaring inflation have led to the first increase in lithium-ion battery pack prices since BloombergNEF (BNEF) began tracking the market in 2010. After more than a decade of declines, volume-weighted average prices for lithium-ion battery packs across all sectors have increased to $151/kWh in 2022, a 7% rise from last year in real terms. he upward cost pressure on batteries outpaced the higher adoption of lower cost chemistries like lithium iro
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