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CATL expects to sell batteries at $60 kWh or less in mid-2024, that 12 months ago it sold for $125 kWh. With further predicted price falls, this will knock $5,000 off the cost to make EVs by 2025.

cnevpost.com Battery price war: CATL, BYD pushing battery costs down further

The price war for power batteries is intensifying, with the world's two largest battery makers reportedly pushing battery costs down further.

Battery price war: CATL, BYD pushing battery costs down further
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