The evidence
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).
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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
- Lead paragraph
- 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
- 95%
- Last change
- 15 September 2026
Cite & reuse
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_01M2HY9T5Y8Q942ASAAPR3YCCZ
- 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_01M2HY9T5Y8Q942ASAAPR3YCCZ.
- 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_01M2HY9T5Y8Q942ASAAPR3YCCZ.
- 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_01M2HY9T5Y8Q942ASAAPR3YCCZ}, 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_01M2HY9T5Y8Q942ASAAPR3YCCZ.