Electric vehicle battery packs are cheaper than ever. The average cost of lithium-ion battery packs has dropped 20% in 2024, hitting $115 per kilowatt-hour (kWh), according to BloombergNEF’s ...

[Stay on top of transportation news: Get TTNews in your inbox.] The average price of lithium-ion battery packs has fallen the most in seven years, according to a BloombergNEF survey, in a ...