Discussions about electric vehicle (EV) sales often focus on a constant rise, but the reality is bumpier. Surges in adoption lead to excitement, while slowdowns fuel skepticism. These fluctuations reflectContinue Reading
Lithium-ion EV battery packs have reached their lowest prices ever, dropping 14% to $139/kWh. This significant decrease follows recent price increases in 2022, which had brought battery prices back toContinue Reading
Electric vehicle (EV) batteries are the most expensive component of an EV, but the cost of batteries has been falling rapidly in recent years. In fact, the price of EVContinue Reading
Battery prices have rapidly declined over the past 10 years. According to the widely cited study by Bloomberg, the battery pack prices have dropped from USD 1,160/kWh to USD 156/Continue Reading
