About Price of a lithium ion battery
The price of a lithium-ion battery depends on the device it powers, with most batteries costing $10 to $20,0001. The most expensive lithium-ion battery is an electric vehicle battery, which typically costs $4,760 to $19,2001. The average price of a typical lithium-ion battery has decreased from $1,191 in 2010 to $137 in 20202. However, volume-weighted average prices for lithium-ion battery packs across all sectors have increased to $151/kWh in 2022, a 7% rise from last year in real terms3.
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