Sources and links on page 71 (1)
Links embedded in the original report PDF, including citations and other references. These destinations have not been independently reviewed. Links open in a new tab.
Text on page 71
Volume-Weighted Average Battery Pack Price & Range by Region and Sector Real 2025 $ per kilowatt-hour
Source: Data from BloombergNEF (Distinguished Partner).
Chinese manufacturers continue to lower their underlying costs and selling prices, but also remain in a state of intense price competition, depending on the sector.
China is making heavy use of low-cost LFP, as is the global BESS industry.
Prices in North America are affected by tariffs. A growing focus on domestic supply chains gives North American and European battery manufacturers greater negotiating leverage, allowing them to command higher prices from domestic customers.
The price gap between sectors/applications continues to narrow.
Extracted from the PDF; charts and images may read imperfectly.
More in Industry (22)
Page 71 · 4/15