![Simon Moores on Twitter: "> @BloombergNEF forecasting lithium ion battery prices at under $200 $/kWh by 2020. Large orders are already under $140 today. Cheap batteries for majors are here. #EV @benchmarkmin Simon Moores on Twitter: "> @BloombergNEF forecasting lithium ion battery prices at under $200 $/kWh by 2020. Large orders are already under $140 today. Cheap batteries for majors are here. #EV @benchmarkmin](https://pbs.twimg.com/media/DPyiGhgX0AAcT-N.jpg)
Simon Moores on Twitter: "> @BloombergNEF forecasting lithium ion battery prices at under $200 $/kWh by 2020. Large orders are already under $140 today. Cheap batteries for majors are here. #EV @benchmarkmin
![FOTW #1234, April 18, 2022: Volumetric Energy Density of Lithium-ion Batteries Increased by More than Eight Times Between 2008 and 2020 | Department of Energy FOTW #1234, April 18, 2022: Volumetric Energy Density of Lithium-ion Batteries Increased by More than Eight Times Between 2008 and 2020 | Department of Energy](https://www.energy.gov/sites/default/files/2022-04/FOTW_1234.png)
FOTW #1234, April 18, 2022: Volumetric Energy Density of Lithium-ion Batteries Increased by More than Eight Times Between 2008 and 2020 | Department of Energy
Lithium-ion battery price history and forecast. Source: Bloomberg (2018b). | Download Scientific Diagram
Benchmark: lithium-ion battery prices rise for first time in gigafactory era; lithium carbonate major driver - Green Car Congress
![Production of high-energy Li-ion batteries comprising silicon-containing anodes and insertion-type cathodes | Nature Communications Production of high-energy Li-ion batteries comprising silicon-containing anodes and insertion-type cathodes | Nature Communications](https://media.springernature.com/full/springer-static/image/art%3A10.1038%2Fs41467-021-25334-8/MediaObjects/41467_2021_25334_Fig1_HTML.png)