Li-Ion battery costs down 90%; Next-gen low-cost tech to power EV, energy transition
Prices of lithium-ion batteries have declined from $1,400 per kilowatt-hour in 2010 to less than $140 per kilowatt-hour in 2023.
li ion batteries
May 2024
February 2023
Budget 2023: Electric 2-wheelers to be cheaper after duty cuts on Li-ion battery components
Given its pole position in adoption rates, on more competitive TCO, the electric two-wheeler sector will benefit the most from the govt's decision to exempt components of Li-ion batteries.
