Hyperdrive

Battery Price Declines Slow Down in Latest Pricing Survey

BNEF’s 2021 survey is a wake-up call for the battery industry — prices may not necessarily fall every year.

Samsung SDI Co. automotive battery cells for electric vehicles.

Photographer: SeongJoon Cho/Bloomberg
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Hello Hyperdrivers, James Frith here. I wanted to follow up on a topic I first raised in September — battery costs. BloombergNEF has just published the 2021 battery price survey, one of the most important pieces of research we carry out annually.