The price of lithium-ion batteries for electric vehicles and energy storage systems (ESS) have fallen by a third in the past year, according to a report by Korea’s Electronic Times.
It reports the price of mid-to-large lithium-ion secondary battery cells dropped from $500-600/kWh last year to $350/kWh. In South Korea, said to be less competitive than the global market, batteries are traded at $400-500/kWh.
Indian battery recycler Lohum has received the Department of Scientific and Industrial Research (DSIR) Certification from the Indian government in recognition of its R&D for critical mineral...
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