Low raw material prices increase role of operational costs and other inputs to battery cell price
:format(auto):focal(center))
Falling cathode and anode raw material prices in 2023 have magnified the contributions of operational costs and other inputs to battery cell prices, Benchmark analysis shows. Nickel cobalt manganese (NCM) 622 battery cell prices fell from $145.2 per kilowatt hour (kWh) at the start of the year to $90.1/kWh by December 2023, according to Benchmark’s […]