Lithium-ion battery cell prices by chemistry
What you should know about this indicator
Lithium iron phosphate (LFP) and lithium nickel manganese cobalt oxide (NMC) are two types of rechargeable batteries commonly used in electric vehicles and renewable energy storage.
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To cite this page overall, including any descriptions, FAQs or explanations of the data authored by Our World in Data, please use the following citation:
“Data Page: Lithium-ion battery cell prices by chemistry”, part of the following publication: Hannah Ritchie, Pablo Rosado, and Max Roser (2023) - “Energy”. Data adapted from Benchmark Mineral Intelligence. Retrieved from https://archive.ourworldindata.org/20260304-094028/grapher/average-battery-cell-price.html [online resource] (archived on March 4, 2026).How to cite this data
In-line citationIf you have limited space (e.g. in data visualizations), you can use this abbreviated in-line citation:
Benchmark Mineral Intelligence (2025) – with minor processing by Our World in DataFull citation
Benchmark Mineral Intelligence (2025) – with minor processing by Our World in Data. “Lithium-ion battery cell prices by chemistry” [dataset]. Benchmark Mineral Intelligence, “Lithium-ion battery prices”; Benchmark Mineral Intelligence, “Battery prices by chemistry” [original data]. Retrieved March 31, 2026 from https://archive.ourworldindata.org/20260304-094028/grapher/average-battery-cell-price.html (archived on March 4, 2026).