Average lithium-ion battery pack price
RecordSTO-01M2HY9T5Y-8Q942ASAAP-R3YCCT
Global · 2024
Average lithium-ion battery pack price worldwide was 115 USD/kWh in 2024 (BNEF).
Average lithium-ion battery pack price: every country and year, and how it is measured
- Publisher
- BNEF
- Authority tier
- T3 Research
- Report
- Lithium-Ion Battery Pack Prices See Largest Drop Since 2017, Falling to $115 per Kilowatt-Hour
- Locator
- Lead paragraph
- Retrieved
- 14 Sep 2026
- Status
- Verified
What the source says
Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour, according to analysis by research provider BloombergNEF (BNEF).
Checked: the figure 115 USD/kWhis stated in this passage. If it does not match, the extraction is wrong and we want to know.
Cite this figure
APA
BloombergNEF. (2024). Lithium-Ion Battery Pack Prices See Largest Drop Since 2017, Falling to $115 per Kilowatt-Hour. Retrieved September 14, 2026, from https://about.bnef.com/insights/commodities/lithium-ion-battery-pack-prices-see-largest-drop-since-2017-falling-to-115-per-kilowatt-hour-bloombergnef/. Via StatOrigin, https://statorigin.org/stat/stat_01M2HY9T5Y8Q942ASAAPR3YCCT
Other formats: MLA, Chicago, BibTeX
- MLA
- BloombergNEF. "Lithium-Ion Battery Pack Prices See Largest Drop Since 2017, Falling to $115 per Kilowatt-Hour." 2024, https://about.bnef.com/insights/commodities/lithium-ion-battery-pack-prices-see-largest-drop-since-2017-falling-to-115-per-kilowatt-hour-bloombergnef/. Accessed 14 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_01M2HY9T5Y8Q942ASAAPR3YCCT.
- Chicago
- BloombergNEF. "Lithium-Ion Battery Pack Prices See Largest Drop Since 2017, Falling to $115 per Kilowatt-Hour." 2024. https://about.bnef.com/insights/commodities/lithium-ion-battery-pack-prices-see-largest-drop-since-2017-falling-to-115-per-kilowatt-hour-bloombergnef/. Accessed September 14, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_01M2HY9T5Y8Q942ASAAPR3YCCT.
- BibTeX
- @misc{bnef2024batteryr3ycct, author = {{BloombergNEF}}, title = {Lithium-Ion Battery Pack Prices See Largest Drop Since 2017, Falling to \$115 per Kilowatt-Hour}, year = {2024}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2HY9T5Y8Q942ASAAPR3YCCT}, note = {Original source: https://about.bnef.com/insights/commodities/lithium-ion-battery-pack-prices-see-largest-drop-since-2017-falling-to-115-per-kilowatt-hour-bloombergnef/. Accessed September 14, 2026.} }
Data published under CC BY 4.0. The citation credits the original publisher and links to this permanent record.
Other sources disagree
1 record reports a different value for this same indicator, region and period. We keep both rather than choosing or averaging. The disagreement is itself information.
| Value | Divergence | Source organisation | Document | Locator | Details |
|---|---|---|---|---|---|
| 97 USD/kWh | -15.7% | BNEF | Lithium-Ion Battery Pack Prices See Largest Drop Since 2017, Falling to $115 per Kilowatt-Hour | Body text | Open record |
Provenance and verification
Everything needed to check this number yourself, without taking our word for it.
Primary source
- Publisher
- BloombergNEF · homepage ↗
- Authority tier
- Tier 3 · Research and companies
- Report
- Lithium-Ion Battery Pack Prices See Largest Drop Since 2017, Falling to $115 per Kilowatt-Hour
- Type
- Press release
- Published
- 10 December 2024
- Locator
- Lead paragraph
- Retrieved
- 14 September 2026
- Link status
- Reachable (HTTP 200)
- Report licence
- Proprietary report; figure taken from its public summary
Verification
- Status
- Verified
- Review protocol
- Editorial review
- Checked on
- 15 September 2026
- Last revision
- 15 September 2026
- Permanent URL
- /stat/stat_01M2HY9T5Y8Q942ASAAPR3YCCT