Several sources indicate the price of EV #LFP battery cells in China is falling below US$56/kWh; Leapmotor said the price can be further squeezed to US$45/kWh. Both CATL and BYD have put battery pricing reduction strategies in place for 2024.
Several sources indicate the price of EV #LFP battery cells in China is falling below US$56/kWh; Leapmotor said the price can be further squeezed to US$45/kWh. Both CATL and BYD have put battery pricing reduction strategies in place for 2024.