Lithium-ion battery pack price change

RecordSTO-JNYBZJMK9V-B52R0042AC-0G6QYC

-14%

Global · 2023

Lithium-ion battery pack price change worldwide was -14% in 2023 (IEA).

Original source
Publisher
IEA
Authority tier
T1 Official
Locator
The pace of the transition to electric vehicles hinges on their affordability
Retrieved
22 Sep 2026
Status
Verified

What the source says

In 2023, however, the prices of the key metals used to make batteries dropped, leading to a near-14% fall in pack prices year-on-year.

Checked: the figure -14%is stated in this passage. If it does not match, the extraction is wrong and we want to know.

Cite this figure

APA

International Energy Agency. (2023). Executive summary – Global EV Outlook 2024. Retrieved September 22, 2026, from https://www.iea.org/reports/global-ev-outlook-2024/executive-summary. Via StatOrigin, https://statorigin.org/stat/stat_JNYBZJMK9VB52R0042AC0G6QYC

Other formats: MLA, Chicago, BibTeX
MLA
International Energy Agency. "Executive summary – Global EV Outlook 2024." 2023, https://www.iea.org/reports/global-ev-outlook-2024/executive-summary. Accessed 22 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_JNYBZJMK9VB52R0042AC0G6QYC.
Chicago
International Energy Agency. "Executive summary – Global EV Outlook 2024." 2023. https://www.iea.org/reports/global-ev-outlook-2024/executive-summary. Accessed September 22, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_JNYBZJMK9VB52R0042AC0G6QYC.
BibTeX
@misc{iea2023lithium0g6qyc, author = {{International Energy Agency}}, title = {Executive summary – Global EV Outlook 2024}, year = {2023}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_JNYBZJMK9VB52R0042AC0G6QYC}, note = {Original source: https://www.iea.org/reports/global-ev-outlook-2024/executive-summary. Accessed September 22, 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-JNYBZJMK9V-B52R0042AC-0G6QYC T1 Official

Primary source

Publisher
International Energy Agency · homepage ↗
Authority tier
Tier 1 · Multilateral Official
Report
Executive summary – Global EV Outlook 2024
Type
Report
Published
—
Locator
The pace of the transition to electric vehicles hinges on their affordability
Retrieved
22 September 2026
Link status
Reachable (HTTP 200)
Report licence
CC by 4.0

Verification

Status
Verified
Review protocol
pipeline:quote-verified-v2
Checked on
27 September 2026
Last revision
27 September 2026
Permanent URL
/stat/stat_JNYBZJMK9VB52R0042AC0G6QYC