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 annual ...

Goldman Sachs researchers are forecasting falling electric vehicle battery prices that could put the costs of those cars on par with their gas-powered counterparts within a few years. Goldman Sachs ...

Joseph is a writer and editor with an unhealthy interest in everything automotive. Father by day, he spends his nights reading and writing about fast cars, exotic brands, and the latest automotive ...

[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 development ...

The price of battery packs for electric vehicles has dropped this year by the most since 2017 as oversupply from China and cheaper lithium prices have driven the decline, the annual battery price ...

Lithium-ion battery prices have dropped significantly due to increased production and decreased demand, with cathode prices being the most significant factor in overall battery costs. Despite falling ...

Battery pack prices for stationary storage fell to $70/kWh in 2025, a 45% drop from 2024, making it the cheapest lithium-ion category for the first time, according to BloombergNEF (BNEF).

Around the world, countries are pushing to electrify transport, which accounts for around 20% of global emissions each year. Electrifying half of the world’s light-duty vehicles could save 1.5 billion ...

The potential high cost of EV battery replacements is a major worry for new-car shoppers, but that likely won't be the case for long, according to battery-analysis firm Recurrent. Recurrent, which ...