this post was submitted on 12 Jul 2024
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Electric Vehicles

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Plummeting battery prices in China may normalise EVs globally - electrive.com (www.electrive.com)
submitted 2 months ago by schizoidman@lemmy.ml to c/evs@lemmy.world
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cross-posted from: https://lemmy.ml/post/17899967

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[โ€“] cron@feddit.org 22 points 2 months ago

In China, LFP battery packs now cost $75/kWh, and at that level, companies can sell EVs at the same price as or even lower than combustion engine models.

This price trend is really interesting.