Battery Pack Prices reach the lowest price yet

Lithium-ion battery pack prices have exponentially decreased in the last decade. BloombergNEF last publication in December/2021 shows pack at $132/kWh. And it will keep decreasing to less than $100/kWh in 2030, making this technology cheaper and increasing customer technology adoption.

From the technology standing point, this is a powerful forecast!

In the other hand, as battery packs will be cheaper in the future, it brings new challenges regarding recycling economic feasibility for second-life-battery-packs, and circular economy. Which brings us the question: what is the real economic feasibility in recycling aged-batteries? Answer: Let’s crunch the numbers and find out.