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According to BNEF, battery pack prices for stationary storage fell to $70/kWh in 2025, a 45% decrease from 2024. This represents the steepest decline among all lithium-ion battery use
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Lithium-Ion Battery Pack Prices Hit Record Low at
BloombergNEF finds 2025 lithium-ion battery pack prices dropped to $108/kWh amid LFP shifts and overcapacity; China saw the steepest declines.
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