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EV LFP Battery Worth Warfare at Much less Than $56 per kWh Inside Six Months

EV LFP Battery Worth Warfare at Much less Than $56 per kWh Inside Six Months

2024-03-01 23:40:34

CATL has new rectangular LFP batteries. The LFP EV battery worth will likely be lower than $56 per kWh inside six months. It’s a larger rectangular battery with each being like six Tesla 4680 batteries.

The LFP battery worth in China is presently $70 per kWh.

China’s EV makers (CATL, BYD) are concentrating on two 0.1 rmb drops ($14 per kwh every). Every 0.1 rmb drop is US$840 for an entire 60 kWh pack.

The worth is heading to $36 per kWh as early as subsequent yr.

They EV LFP battery costs at first of 2023 have been $110-124 per kWh.

Tesla ought to be saving about $2000 in battery prices proper now in comparison with final yr. Tesla will likely be saving $800 in LFP battery prices inside 6 months and one other $800 inside about 18 months.

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