EV Batteries

Goldman Sachs Research has revealed that the prices of batteries for electric vehicles (EVs) are likely to decrease sharply, which could change the automotive sector dramatically. They predict that the average cost will drop from $149 per kilowatt-hour (kWh) in 2023 to around $80/kWh by 2026. This represents a staggering reduction—nearly 50 percent. Reasons for Price […]