Battery Prices
China power battery cell prices fall as much as 7% in Jan, TrendForce says
Pouch-type ternary power battery cells saw the biggest drop, falling 7.3 percent to $0.51 per Wh in January, TrendForce said.
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Battery price war: CATL, BYD pushing battery costs down further
The price war for power batteries is intensifying, with the world's two largest battery makers reportedly pushing battery costs down further.
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Some battery makers in China to be forced to cut or halt production due to lack of orders, says TrendForce
As demand in the power and energy storage battery markets cools, cell makers have adjusted their capacity utilization rates downward to reduce inventory.
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TrendForce expects China's power battery price decline to continue into 2024
China's lithium battery industry's overcapacity will continue into 2024, and battery prices will still decline next year, TrendForce said.
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Battery cell prices in China fall 9% MoM in May, report says
Strong increases in lithium carbonate prices will not be immediately reflected in lithium battery prices, and prices of other raw materials are still falling, TrendForce said.
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Niu Technologies to launch e-bikes with sodium-ion batteries in 2023 as lithium battery prices rise
With battery costs rising sharply but vehicle prices rising at a limited rate, Niu needs to find ways to reduce costs, its CEO said.
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CATL denies plans to raise prices for LFP batteries by 10 percent
If CATL does raise its LFP battery prices by 10%, then China-made Tesla Model 3 entry-level model and the lower-priced LFP-equipped models that Xpeng Motors just started delivering
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