US EditionGlobal lithium-ion battery pack prices fall to $108/kWh, says BNEF
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According to BloombergNEF's latest data, the price of lithium-ion batteries now stands at $108/kWh, a decrease of 8% compared to 2024. This historic new floor is not the result of chance: it results from a convergence of favourable factors, including global overcapacity of production, increased competition between manufacturers and the widespread adoption of LFP (lithium-fer-phosphate) batteries, a more affordable technology. Paradoxically, this…
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Global lithium-ion battery pack prices fall to $108/kWh, says BNEF
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).From ESS News 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 8% since 2024 to $108/kWh, making them 93% lower than in 2010…
According to the analysts, prices for stationary battery storage fell to US$70 per kilowatt hour in 2025, corresponding to a decline of 45 percent compared to 2024. This is the strongest decline among all storage applications and makes stationary storage the most favourable segment for the first time. by ESS News Although the pace of price decline has slowed, lithium-ion battery packs have reached a new record low in 2025. According to the lates…
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