For the better part of a decade, the battery industry has taken for granted that when the prices of lithium and cobalt spike, pack prices inevitably follow. But 2025 has seemingly broken that
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While the pace of price decreases has slowed, lithium-ion battery packs have reached a new record low in 2025. According to the latest analysis by BloombergNEF (BNEF), prices have fallen...
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The volume-weighted average price for lithium-ion battery packs dropped 8% YoY to $108 per kilowatt-hour, according to BloombergNEF''s annual battery price survey, which tracks pack and cell price
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The steady downward march of lithium-ion battery prices is one of the key stories of the energy transition. The trend continued last year.
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BNEF expects pack prices to decrease again in 2026, based on its near-term outlook, as raw material prices face upward pressure but adoption of low-cost LFP continues to spread.
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Recent estimates show that the average global price of lithium-ion batteries will reach 112 U.S. dollars per kilowatt-hour in 2025. Battery pack prices are projected to drop below the 100...
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In 2025, global lithium-ion battery pack prices fell to a record $108/kWh, defying the rise in lithium and cobalt costs. This trend reflects a maturing supply chain, increased adoption of LFP chemistries, and
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BloombergNEF''s 2025 survey finds average lithium-ion pack prices dropped 8% to $108/kWh, driven by LFP adoption, overcapacity, and competition. Stationary storage costs plunged 45%, EV packs
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BNEF: Li-ion battery prices fall despite rising metal prices 11 December 2025 Lithium-ion battery pack prices have dropped 8% since 2024 to a record low of $108 per kWh, according to the latest battery
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According to BNEF, battery pack prices for stationary storage fell to $70/kWh in 2025, a 45% decrease from 2024. This represents the steepest decline among all lithium-ion battery use
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