Average pack price of lithium-ion batteries and share of cathode material cost, 2011-2021

Last updated 13 May 2022

Download chart
Sources

IEA analysis based on BNEF (2021).

Notes

Cathode material costs include lithium, nickel, cobalt and manganese. Other cell costs include costs for anode, electrolytes, separator and other components as well as costs associated with labour, manufacturing and capital depreciation.

Related charts

Capital cost differentials between the top refining producer and the rest of the world, 2025

Open

Population cooking by fuel and by region in sub-Saharan Africa, 2024

Open

Progress in clean cooking access compared to population growth in sub-Saharan Africa, 2010-2025

Open