The key determinant of our forecast is the relationship between price and volume. Based on this observation, and our battery demand forecast, we expect the price of an average battery pack to be around $94/kWh by 2024 and $62/kWh by 2030. It’s necessary here to highlight that this is the expected average price.
It’s an optimal solution for over-night charging of home garages.
It’s an optimal solution for charging in places where the vehicle is parked for an extended period.