Electric vehicle battery packs are cheaper than ever. The average cost of lithium-ion battery packs has dropped 20% in 2024, hitting $115 per kilowatt-hour (kWh), according to BloombergNEF’s ...

The average price of a lithium-ion EV battery pack has declined by 20% annually to $115 per kilowatt-hour (kWh) this year, BNEF’s survey found. A price of $100 per kWh is generally considered by ...

[Stay on top of transportation news: Get TTNews in your inbox.] The average price of lithium-ion battery packs has fallen the most in seven years, according to a BloombergNEF survey, in a ...