CATL says it will begin selling LFP battery cells in the VDA format at price less than $60 per kWh hour by the middle of this year.
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The original was posted on /r/upliftingnews by /u/PKSpecialist on 2024-03-25 16:53:41.

The price of 56 $/kWh meets the DOEs goal of 100 $/kWh to make electric cars cost competitive with ICE. The article doesn’t say but I imagine this dramatic swing in price is in part due to the rapid decline in lithium prices.