Lithium Carbonate Price History
Battery-grade lithium carbonate (Li₂CO₃) spot price in China ($/tonne). Peaked at ~$78K in April 2022 before crashing 85%. Sources: Shanghai Metals Market, Benchmark Mineral Intelligence.
Battery-grade lithium carbonate (Li₂CO₃) spot price in China ($/tonne). Peaked at ~$78K in April 2022 before crashing 85%. Sources: Shanghai Metals Market, Benchmark Mineral Intelligence.
EV Battery Pack Cost — The Learning Curve
Average EV battery pack cost ($/kWh, real 2024 dollars). Down 84% since 2013 — approaching the $100/kWh tipping point for ICE cost parity. Sources: BloombergNEF.
Average EV battery pack cost ($/kWh, real 2024 dollars). Down 84% since 2013. 2022 uptick from lithium price spike. Sources: BloombergNEF.
Battery Manufacturer Capital Expenditure
Annual capex on factory construction and expansion ($B). 2025E are company-guided estimates. Sources: company filings, Bloomberg.
Annual capital expenditure on battery factory construction and expansion ($B). 2025E are company-guided estimates. Sources: company filings, Bloomberg.