Benchmark Analysis: Lithium ion battery cell prices close in on $100/kWh & come of EV age, but is this the end for double digit declines?

By Simon Moores, Managing Director, Benchmark Mineral Intelligence The prevailing market price for lithium ion battery cells has fallen to $110/kWh from 2019’s average of $120/kWh as assessed by Benchmark Mineral Intelligence. The average mid-point price of a lithium ion battery at a cell level per kWh, used in large automotive or electric vehicle (EV) […]