The costs associated with everything in the battery pack from chemistry, assembly, logistics through to end of life.

Battery Value Chain

The battery value chain looks at the whole eco system from mining the raw materials through to recycling.


Cell chemistry is driven by energy density, but perhaps primarily by cost. With the increasing cost of cobalt we have seen a shift to higher nickel content. The critical material prices can be quite volatile and hence it can be very important to understand the composition of any cell that you select – Key Minerals in a Battery.

Cell Manufacturing Costs

pie chart showing breakdown in cell manufacturing capex costs

Lithium Battery Manufacturing Equipment CAPEX

First indicator in the breakdown of a total ~$36 million/GWh Capex cost. Of which 1/3 of that is for formation and aging.

Pack Manufacturing Costs

Pack Logistics

Pack Recycling Value