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The Whys Behind the ‘Astonishing Drop’ in Lithium Ion Battery Costs (MIT News, IndustryWeek)

Lithium-ion batteries, those marvels of lightweight power that have made possible today’s age of handheld electronics and electric vehicles, have plunged in cost since their introduction three decades ago at a rate similar to the drop in solar panel prices, as documented by a study published last March. But what brought about such an astonishing cost decline, of about 97%?

The Whys Behind the ‘Astonishing Drop’ in Lithium Ion Battery Costs | IndustryWeek