What is the price of lithium-ion batteries

The widespread application of lithium-ion batteries will also bring confusion in market prices. Different manufacturers, raw materials used and production processes have led to differences in product prices. As we all know, power lithium batteries are the core components of new energy vehicles. The cost accounts for 40% of the entire vehicle. With the decline of my country's new energy vehicle subsidies, power lithium battery companies, as core suppliers, are forced to cut prices while also facing the pressure of upstream raw material costs. According to the GGII data of the Lithium Battery Research Institute of Advanced Industry and Research, the price of power lithium batteries at the end of 2017 decreased by 20% to 25% compared with the beginning of 2017: the price of lithium iron phosphate power lithium battery packs dropped from 1.8 to 1.9 yuan/Wh at the beginning of the year At the end of the year, the price of ternary power lithium battery packs fell from 1.45 to 1.55 yuan/Wh; the price of ternary power lithium battery packs dropped from 1.7 to 1.8 yuan/Wh at the beginning of the year to 1.4 to 1.5 yuan/Wh at the end of the year. The future must be an era when the strong will become stronger. Under the fierce price war, the actual price of power lithium battery products at the end of 2018 may be lower than predicted. Sacrificing profits to seize the market, the industry reshuffle is about to kick off on the battlefield where the beacon is everywhere. Disclaimer: Some pictures and content of articles published on this site are from the Internet. If there is any infringement, please contact to delete. Previous: A detailed introduction to the working principle of lead-acid batteries