ELECTRIC

Electric car battery pack prices fell 89% in just 10 years

Green-Transport

Electric car battery pack prices fell 89% in just 10 years

Battery packs for electric cars checked off a milestone this year -- just an ever-so-slight ray of sunshine on what's been a pretty gloomy 2020. For the first time, prices slid under $100 per kilowatt hour, and thorough analysis shows prices fell a whopping 89% in just 10 years. The insights come from Bloomberg New Energy Finance's annual battery price survey.

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