Average lithium-ion battery pack price
Global · 2024
Average lithium-ion battery pack price worldwide averaged 97 USD/kWh in 2024 (BNEF).
- Publisher
- BNEF
- Authority tier
- T1 Official
- Report
- Lithium-Ion Battery Pack Prices See Largest Drop Since 2017, Falling to $115 per Kilowatt-Hour
- 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.
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.
| Value | Divergence | Source organisation | Document | Locator | Details |
|---|---|---|---|---|---|
| 115 USD/kWh | +18.6% | BNEF | Lithium-Ion Battery Pack Prices See Largest Drop Since 2017, Falling to $115 per Kilowatt-Hour | Lead paragraph | Open 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
Everything needed to check this number yourself, without taking our word for it.
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