EV battery costs could spike 22% by 2026 as raw material shortages drag on - CNBC

5/18/2022 12:00:00 AM2 years 11 months ago
by Phil LeBeau
by Phil LeBeau
E Source estimates battery cell prices will surge 22% from 2023 through 2026, peaking at $138 per kilowatt-hour.
The cost to produce electric vehicles is primed to surge over the next four years, according to a new report, the result of scarcity in key raw materials needed to make EV battery cells. "The tsunam… [+2790 chars]
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