The price of both storage and electric vehicles' batteries has decreased steadily over the past few years. In 2022, the price per megawatt of storage batteries was at 1.1 million U.S. dollars, while EV batteries cost 0.6 million U.S. dollars per megawatt.
Average price of storage and electric vehicles' batteries worldwide from 2014 to 2022
(in million U.S. dollars per megawatt)
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IEA. (May 30, 2023). Average price of storage and electric vehicles' batteries worldwide from 2014 to 2022 (in million U.S. dollars per megawatt) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1424411/price-of-storage-and-electric-vehicles-batteries-worldwide/
IEA. "Average price of storage and electric vehicles' batteries worldwide from 2014 to 2022 (in million U.S. dollars per megawatt)." Chart. May 30, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1424411/price-of-storage-and-electric-vehicles-batteries-worldwide/
IEA. (2023). Average price of storage and electric vehicles' batteries worldwide from 2014 to 2022 (in million U.S. dollars per megawatt). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1424411/price-of-storage-and-electric-vehicles-batteries-worldwide/
IEA. "Average Price of Storage and Electric Vehicles' Batteries Worldwide from 2014 to 2022 (in Million U.S. Dollars per Megawatt)." Statista, Statista Inc., 30 May 2023, https://www.statista.com/statistics/1424411/price-of-storage-and-electric-vehicles-batteries-worldwide/
IEA, Average price of storage and electric vehicles' batteries worldwide from 2014 to 2022 (in million U.S. dollars per megawatt) Statista, https://www.statista.com/statistics/1424411/price-of-storage-and-electric-vehicles-batteries-worldwide/ (last visited December 22, 2024)
Average price of storage and electric vehicles' batteries worldwide from 2014 to 2022 (in million U.S. dollars per megawatt) [Graph], IEA, May 30, 2023. [Online]. Available: https://www.statista.com/statistics/1424411/price-of-storage-and-electric-vehicles-batteries-worldwide/
