Report: EV battery costs hit another low in 2021, but they might rise in 2022

By [email protected] (Stephen Edelstein) Global average battery prices fell 6% between 2020 and 2021, but they might be on the rise going forward, according to Bloomberg New Energy Finance’s (BNEF) annual battery price survey. Lithium-ion battery pack prices averaged $132 per kwh in 2021—down from $140 per kwh in 2020—and $101 per kwh on a cell basis, the report said…

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