Global average lithium-ion battery pack price

97 USD/kWh
Verified
Region Global Period 2024 Source BNEF Updated 15 Sep 2026
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The evidence

What the source says

Prices for battery electric vehicles (BEVs) came in at $97/kWh, crossing below the $100/kWh threshold for the first time.

The figure above was extracted from this passage. If it does not match, the extraction is wrong and we want to know.

Chain of custody

Provenance and verification

Everything needed to check this number yourself, without taking our word for it.

Source

Publisher
BloombergNEF · homepage ↗
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
Body text
Retrieved
14 September 2026
Link status
Reachable
Report licence
Proprietary report; figure taken from its public summary

Verification

Status
Verified
Checked by
Editorial review
Checked on
15 September 2026
Extraction confidence
90%
Last change
15 September 2026

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 Source organisation Document Locator Details
115 USD/kWh BNEF Lithium-Ion Battery Pack Prices See Largest Drop Since 2017, Falling to $115 per Kilowatt-Hour Lead paragraph Open record

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Cite this figure

Published under CC BY 4.0. Attribute the original publisher; the citations below do that for you and link to this permanent record.

APA
BloombergNEF. (2024). Lithium-Ion Battery Pack Prices See Largest Drop Since 2017, Falling to $115 per Kilowatt-Hour. Retrieved 14 September 2026, from StatOrigin: https://statorigin.org/stat/stat_01M2HY9T5Y8Q942ASAAPR3YCCV
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 September 2026 via StatOrigin, https://statorigin.org/stat/stat_01M2HY9T5Y8Q942ASAAPR3YCCV.
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/. Cited from StatOrigin, https://statorigin.org/stat/stat_01M2HY9T5Y8Q942ASAAPR3YCCV.
BibTeX
@misc{bnef2024battery, 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_01M2HY9T5Y8Q942ASAAPR3YCCV}, 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 14 September 2026.} }

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Record last modified 15 September 2026. Value type: actual. Update cadence: annual. This page is permanently addressable at statorigin.org/stat/stat_01M2HY9T5Y8Q942ASAAPR3YCCV.