EV battery prices have dropped about 90% in 15 years: data
Teslarati
AUGUST 12, 2024
Department of Energy (DOE) reported earlier this month that the average price for a lithium-ion EV battery dropped 90 percent between 2008 and 2023 for light-duty vehicles, based on the cost of usable energy. Credit: U.S. Straubel, was able to recover around 95 percent of the metals used in old EV batteries.
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