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 ...

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 ...

Nothing is certain except death, taxes — and the steady decline in the cost of clean energy technologies. That includes batteries. The average price of a lithium-ion battery pack fell 20 percent this ...

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 ...

[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 ...

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 ...

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 ...

LONDON, April 17 (Reuters) - The average price of an electric vehicle-grade battery fell 14 percent year-on-year to $689 per kilowatt hour in the first quarter as manufacturing capacity outstripped ...