Low-loss CIF price of lithium battery energy storage cabinets exported from the 10 ASEAN countries

Home / Low-loss CIF price of lithium battery energy storage cabinets exported from the 10 ASEAN countries

According to the latest analysis by BloombergNEF (BNEF), prices have fallen 8% since 2024 to $108/kWh, making them 93% lower than in 2010. New York, December 9, 2025 – lithium-ion battery pack prices have dropped 8% since 2024 to a record low of $108 per kilowatt-hour, according to latest analysis by research provider BloombergNEF (BNEF). Continued cell manufacturing overcapacity, intense competition and the ongoing shift to. Ember provides the latest capex and Levelised Cost of Storage (LCOS) for large, long-duration utility-scale Battery Energy Storage Systems (BESS) across global markets outside China and the US, based on recent auction results and expert interviews. LFP spot price comes from the ICC Battery price database, where spot price is based on reported quotes from companies, battery cell prices could be even lower if batteries are purchased in high volume.

Energy Storage in Europe

LFP spot price comes from the ICC Battery price database, where spot price is based on reported quotes from companies, battery cell prices could be even lower if batteries are purchased in high

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Energy Storage in Europe

Note: Required spread for a two-hour battery project assuming revenues cover project costs of €360,000/MWh in 2024, for previous years assumes BNEF''s Europe energy storage system costs.

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How cheap is battery storage?

Ember provides the latest capex and Levelised Cost of Storage (LCOS) for large, long-duration utility-scale Battery Energy Storage Systems (BESS) across global markets outside China

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