ECONOMICALLY DEVASTATING

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    Lithium Battery Cell Price Trends 2023

    Lithium Battery Cell Price Trends 2023

    You know how everyone said lithium-ion cell costs would keep rising through 2023? Well, they were dead wrong. Prices actually dropped 14% since January according to BloombergNEF data, settling around $98/kWh for automotive-grade cells. Wait, no—make that $103/kWh when you factor in transportation costs. This volatility's making buyers dizzy, but here's where Highjoule's PriceLock procurement program changes the game.

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