Average lithium-ion battery pack price

RecordSTO-01M2HY9T5Y-8Q942ASAAP-R3YCCW

94USD/kWh

China · 2024

Average lithium-ion battery pack price in China was 94 USD/kWh in 2024 (BNEF).

Original source

Average lithium-ion battery pack price: every country and year, and how it is measured

Publisher
BNEF
Authority tier
T3 Research
Locator
Body text
Retrieved
14 Sep 2026
Status
Verified

What the source says

On a regional basis, average battery pack prices were lowest in China, at $94/kWh.

Checked: the figure 94 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_01M2HY9T5Y8Q942ASAAPR3YCCW

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_01M2HY9T5Y8Q942ASAAPR3YCCW.
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_01M2HY9T5Y8Q942ASAAPR3YCCW.
BibTeX
@misc{bnef2024batteryr3yccw, 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_01M2HY9T5Y8Q942ASAAPR3YCCW}, 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.

Provenance and verification

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

Chain of custody
Record: STO-01M2HY9T5Y-8Q942ASAAP-R3YCCW T3 Research

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
Body text
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_01M2HY9T5Y8Q942ASAAPR3YCCW