![Collapsing battery costs point to ever-declining forecasts for oil demand – Asian Chemical Connections Collapsing battery costs point to ever-declining forecasts for oil demand – Asian Chemical Connections](https://cjp-rbi-icis.s3.eu-west-1.amazonaws.com/wp-content/uploads/sites/3/2021/01/05064414/Electric6Jan2020-1024x576.png)
Collapsing battery costs point to ever-declining forecasts for oil demand – Asian Chemical Connections
![Lithium-ion battery price history and forecast. Source: Bloomberg (2018b). | Download Scientific Diagram Lithium-ion battery price history and forecast. Source: Bloomberg (2018b). | Download Scientific Diagram](https://www.researchgate.net/profile/Zhang-Cong-11/publication/340952556/figure/fig3/AS:885005765066753@1588013225575/Lithium-ion-battery-price-history-and-forecast-Source-Bloomberg-2018b_Q320.jpg)
Lithium-ion battery price history and forecast. Source: Bloomberg (2018b). | Download Scientific Diagram
![Simon Moores on Twitter: "> @BloombergNEF forecasting lithium ion battery prices at under $200 $/kWh by 2020. Large orders are already under $140 today. Cheap batteries for majors are here. #EV @benchmarkmin Simon Moores on Twitter: "> @BloombergNEF forecasting lithium ion battery prices at under $200 $/kWh by 2020. Large orders are already under $140 today. Cheap batteries for majors are here. #EV @benchmarkmin](https://pbs.twimg.com/media/DPyiGhgX0AAcT-N.jpg)
Simon Moores on Twitter: "> @BloombergNEF forecasting lithium ion battery prices at under $200 $/kWh by 2020. Large orders are already under $140 today. Cheap batteries for majors are here. #EV @benchmarkmin
![Nat Bullard on Twitter: "It's here: @BloombergNEF's 2020 lithium-ion battery price index. $137 per kilowatt-hour for cell, module, and pack combined. Down 89% in real terms since 2010, down 13% since last Nat Bullard on Twitter: "It's here: @BloombergNEF's 2020 lithium-ion battery price index. $137 per kilowatt-hour for cell, module, and pack combined. Down 89% in real terms since 2010, down 13% since last](https://pbs.twimg.com/media/EpXPw69XcAAR0N6.png)
Nat Bullard on Twitter: "It's here: @BloombergNEF's 2020 lithium-ion battery price index. $137 per kilowatt-hour for cell, module, and pack combined. Down 89% in real terms since 2010, down 13% since last
![BloombergNEF: Average battery pack prices to drop below US$100/kWh by 2024 despite near-term spikes - Energy Storage News BloombergNEF: Average battery pack prices to drop below US$100/kWh by 2024 despite near-term spikes - Energy Storage News](https://www.energy-storage.news/wp-content/uploads/2021/12/bloombergnef-average-lithium-cell-price-2021.png)