The price of EV battery packs worldwide was projected to decrease from 148.8 to 63.7 U.S. dollars per kilowatt-hour between 2023 and 2030. Operating expenses were forecast to decrease by the largest margin by 2030.
Average price of electric vehicle battery pack worldwide in 2023 with projections for 2030, by component
(in U.S. dollars per kilowatt-hour)
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Goldman Sachs. (October 6, 2024). Average price of electric vehicle battery pack worldwide in 2023 with projections for 2030, by component (in U.S. dollars per kilowatt-hour) [Graph]. In Statista. Retrieved February 19, 2025, from https://www.statista.com/statistics/1498935/ev-battery-pack-component-prices-worldwide-forecast/?__sso_cookie_checker=failed
Goldman Sachs. "Average price of electric vehicle battery pack worldwide in 2023 with projections for 2030, by component (in U.S. dollars per kilowatt-hour)." Chart. October 6, 2024. Statista. Accessed February 19, 2025. https://www.statista.com/statistics/1498935/ev-battery-pack-component-prices-worldwide-forecast/?__sso_cookie_checker=failed
Goldman Sachs. (2024). Average price of electric vehicle battery pack worldwide in 2023 with projections for 2030, by component (in U.S. dollars per kilowatt-hour). Statista. Statista Inc.. Accessed: February 19, 2025. https://www.statista.com/statistics/1498935/ev-battery-pack-component-prices-worldwide-forecast/?__sso_cookie_checker=failed
Goldman Sachs. "Average Price of Electric Vehicle Battery Pack Worldwide in 2023 with Projections for 2030, by Component (in U.S. Dollars per Kilowatt-hour)." Statista, Statista Inc., 6 Oct 2024, https://www.statista.com/statistics/1498935/ev-battery-pack-component-prices-worldwide-forecast/?__sso_cookie_checker=failed
Goldman Sachs, Average price of electric vehicle battery pack worldwide in 2023 with projections for 2030, by component (in U.S. dollars per kilowatt-hour) Statista, https://www.statista.com/statistics/1498935/ev-battery-pack-component-prices-worldwide-forecast/?__sso_cookie_checker=failed (last visited February 19, 2025)
Average price of electric vehicle battery pack worldwide in 2023 with projections for 2030, by component (in U.S. dollars per kilowatt-hour) [Graph], Goldman Sachs, October 6, 2024. [Online]. Available: https://www.statista.com/statistics/1498935/ev-battery-pack-component-prices-worldwide-forecast/?__sso_cookie_checker=failed