Costs

LFP Production Costs Have Further Room To Fall CHEAPER RAW MATERIALS, OPTIMISING ELECTROCHEMICAL PERFORMANCE, & INCREMENTAL IMPROVEMENTS TO MANUFACTURING PROCESSES LFP BATTERY CELL MANUFACTURING COSTS IN CHINA, 2024 $/kWh

Source: Content & analysis provided courtesy of CRU Group Distinguished Partner). For more information, visit https://www.crugroup.com. Modeling an EV (power) cell with synthetic graphite anode.

Extracted from the PDF; charts and images may read imperfectly.