Battery pack prices just hit a new low — even as lithium, nickel, and cobalt costs continue to rise. How is that possible? In this episode, we break down the “battery price paradox” and explain why EV packs are still getting cheaper thanks to global manufacturing scale, new chemistries like LFP, factory overcapacity, and major efficiency gains.

We also explore what this means for EV prices, energy storage, and the future of clean energy. If you want to understand where EV technology is heading in 2025 and beyond, this episode is a must-listen.

Topics Covered:

2025 battery pack pricing milestone

Why raw material costs don’t tell the full story

LFP’s rise and its impact on EV affordability

Global gigafactories and overcapacity

What cheaper batteries mean for your next EV

How storage costs shape the future of renewables

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