🧵 3. Average price of lithium-ion battery cells decreased from $290/kWh in 2014 to $103 in 2023. Further price drops expected due to oversupply from China.
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🧵 3. Average price of lithium-ion battery cells decreased from $290/kWh in 2014 to $103 in 2023. Further price drops expected due to oversupply from China.