Kim Bettine

2025 Battery Vs 2024 Battery Price. That compares with discounts of about 5% to 10% for some 2024 deals in the last round of talks. In 2023, the price difference narrowed, with nmc batteries being less than 25% more expensive than their lfp counterparts, down from a 50% premium in 2021.

Battery prices directly impact electric vehicles’ overall affordability, performance, and sustainability. In early summer 2023, publicly available prices ranged from 0.8 to 0.9 rmb/wh ($0.11 to $0.13 usd/wh), or about $110 to 130/kwh.