According to the research-focused business unit, lithium-ion battery prices in 2024 have experienced their biggest annual ...

Battery prices continue to tumble on the back of lower metal costs and increased scale, squeezing margins for manufacturers.

The average price of lithium-ion battery packs has fallen the most in seven years,  a development likely to accelerate price parity between electric vehicles and gasoline-powered cars.

Global average battery pack prices estimated to see 20 per cent drop this year driven by factors affecting raw material costs ...