← All metrics
Battery pack price
Latest
$115/kWh USD/kWh
2024
Goal
$100/kWh
price-parity threshold with combustion
Time series
Definition Volume-weighted average price of a lithium-ion battery pack ($/kWh, BloombergNEF) — the cost floor that any next-gen chemistry must beat to reach mass market. Below ~$100/kWh, electric vehicles approach price parity with combustion. Solid-state cells start far above this line and must ride it down.
Source ↗