New York, December 9, 2025 – lithium-ion battery pack prices have dropped 8% since 2024 to a record low of $108 per kilowatt-hour, according to latest analysis by research provider BloombergNEF (BNEF). Continued cell manufacturing overcapacity, intense competition and the ongoing shift to. For 2025, the volume-weighted R&D battery pack cost estimate is $103/kWh of rated energy. China's lead in low battery prices continued in 2025, with average prices in the country dropping 13% to $84/kWh. In contrast, battery packs for electric vehicles.