Battery packs reached a record low price. What LFP, NMC and sodium-ion mean for EV prices in 2026
The latest full-year survey put the average lithium-ion pack at $108/kWh, with LFP packs far cheaper than NMC. Metal prices pushed cell quotes up in the first half of 2026, and sodium-ion is still a small business with more announcements than deliveries.
Analysis Batteries 11 sources