The reasons behind lithium-ion batteries’ rapid cost decline

Boston MA (SPX) Nov 23, 2021
Lithium-ion batteries, those marvels of lightweight power that have made possible today’s age of handheld electronics and electric vehicles, have plunged in cost since their introduction three decades ago at a rate similar to the drop in solar panel prices, as documented by a study published last March. But what brought about such an astonishing cost decline, of about 97 percent? Some of t This article was originally published by Solardaily.com. Read the original article here.