Battery electric car price and battery system price changes in selected countries, 2023-2024

Last updated 16 Apr 2025

Download chart
Sources

IEA analysis based on data from S&P Global Mobility, BNEF and EV Volumes.

Notes

SUV = sports utility vehicle. Prices adjusted for inflation before indexing. Car price change values reflect the change in the sales-weighted average car retail price values over the 2023-2024 period. The battery pack price is calculated based on the average battery size in a given country, segment and year, multiplied by the corresponding regional pack price.

Related charts

Quarterly average wholesale electricity prices for selected regions, 2019-2027

Open

Global electricity generation by source, 2019-2027

Open

Electric car sales by region during the first half of the year, 2025-2026

Open

Installed and announced capacity for solar PV in different editions of Energy Technology Perspectives

Open