Average cost of lithium-ion battery cell set to fall below $100 per kilowatt hour
The average cost of a lithium-ion (Li-ion) battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added—will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. The average cost of [...]