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 February 19, 2026 from https://archive.ourworldindata.org/20260108-171008/grapher/average-battery-cell-price.html (archived on January 8, 2026).
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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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Lithium-ion battery cell prices by chemistry, 2014-2025. Simple diagram