AceOn Investigates: The Rapid Decline in the Cost of Lithium-ion Batteries
Between 1991 and 2018, the cost of lithium-ion batteries fell by 97%. Why is this the case and what will happen to the cost of lithium-ion batteries in the future? Let’s find out. Right now, governments around the world are looking to lithium-ion batteries to power the future in myriad ways. This is largely due to the fact that lithium-ion batteries have plummeted in price in recent times, accelerating our collective ambitions to turn away from fossil fuels. Here, we take...
