Will lithium ion (LFP) cell prices fall by 50%, or pack prices by 40%, in 2024?
7
28
Ṁ279Ṁ200
2025
48%
chance
1D
1W
1M
ALL
Just read an article from the end of January 2024 that stated CATL, the world's largest Lithium-Ion battery producer, plans to cut cell prices by 50% by mid 2024. That would be amazing, but sounds too good to be true, thus this question to you all.
Will resolve YES if:
By the end of February 2025
Any reputable source (I'll be generous, but if it's some blog post or tweet, I'll have to have heard of the source it's referencing, and may double check for confirmation from other sources) linked in comments has reported that during 2024
CATL or BYD are selling cells for $56.47 USD/KWh or lower.
OR packs are available for 60% of the BNEF estimate at the end of 2023 of $139 USD/KWh (139 * 0.6 = $84.40).
Get Ṁ200 play money
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