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EV battery prices fell 20% in 2024

Prices forecast to fall another 30% by 2026

James Van Bramer

EV battery prices are expected to decline further in 2025, which could drive down vehicle costs to keep EV sales running hot.  Falling battery prices could spur either a decline in the price of an EV since manufacturers are saving money on the battery, or improvements like better range and rechargeability, Liz Najman, director of […]

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