EV battery prices fell sharply in 2024
02 June 2025
Global lithium-ion battery prices for electric cars dropped by 20% in 2024, promising cheaper EVs.
- Rgooding
Yeah... ive.little faith that the actual price of the cars will go down... just that the profit margin will go up but the price will be the same.
Sad about a hybrid 20Kw battery costing the same as a 65 in an EV however, means there's less of a.margin on hybrids than on EV's at the time of sale but they make it up on service over the hybrids lifetime so keeps the service depth alive at the dealer!
- 03 Jun 2025
- 45j
- Anonymous
Good. So consumer prices will continue to move towards affordability.
- 02 Jun 2025
- kmq