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Battery Pack Prices reach the lowest price yet

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ENERGYDM Group

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On:

February 14, 2022

|

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.

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ENERGYDM Group

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ENERGYDM GROUP INDUSTRY INSIGHTS

Turn automotive change into clearer decisions.

Access in-depth analysis on software-defined vehicles, ADAS, E/E architecture, electrification and automotive AI.

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Preview our complimentary Rivian short report.

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