THE $99 BATTERY SHOCK! Why Battery Prices Just Hit a New Record Low (LFP Dominance).
Battery prices have plunged to a shocking new low of $99 per kWh, marking the cheapest level ever recorded. The drop is driven largely by the rapid dominance of LFP chemistry, boosted by massive scale, cheaper materials, and China-led manufacturing efficiency. This milestone could accelerate global EV adoption and slash production costs across the industry.
Credit to : The Electric Viking