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EV Battery Prices Risk Reversing Downward Trend as Metals Surge

A cutaway reveals the battery pack of a BMW iX electric SUV at the Munich motor show this month.
Photographer: Krisztian Bocsi/Bloomberg

Welcome to the Hyperdrive daily briefing, decoding the revolution reshaping the auto world, from EVs to self-driving cars and beyond.

Hi everyone, James Frith here. As part of my work with BloombergNEF, my team and I produce a battery price survey every year. It’s one of the most important pieces of research we carry out, as it feeds into our work on electric vehicles and the electrification of the power grid.