Average lithium-ion battery pack price

STO-REC-STAT1VD9ATT1 Official
97USD/kWh

Global · 2024

Average lithium-ion battery pack price worldwide averaged 97 USD/kWh in 2024 (BNEF).

Original source
Publisher
BNEF
Authority tier
T1 Official
Locator
Body text
Retrieved
14 Sep 2026
Status
Verified

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.

Verbatim extraction verified: The figure 97 USD/kWh is directly attested in the quoted passage (Body text).

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

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.

ValueDivergenceSource organisationDocumentLocatorDetails
115 USD/kWh+18.6%BNEFLithium-Ion Battery Pack Prices See Largest Drop Since 2017, Falling to $115 per Kilowatt-HourLead paragraphOpen record

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 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_1VD9AT31RHP7HQASK0SZT1SK86
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_1VD9AT31RHP7HQASK0SZT1SK86.
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_1VD9AT31RHP7HQASK0SZT1SK86.
BibTeX
@misc{bnef2024batteryt1sk86, 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_1VD9AT31RHP7HQASK0SZT1SK86}, 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.} }

Provenance and verification

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Chain of Custody · Verification Audit
Record: STO-REC-STAT1VD9AT T1 Official

Primary Source

Publisher
BloombergNEF · homepage ↗
Authority tier
Tier 1 · Multilateral Official
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 & Integrity

Audit status
Verified
Review protocol
Editorial review
Checked on
17 September 2026
Last revision
17 September 2026
Archival URI
/stat/stat_1VD9AT31RHP7HQASK0SZT1SK86