While the pace of price decreases has slowed, lithium-ion battery packs have reached a new record low in 2025. According to the latest analysis by BloombergNEF (BNEF), prices have fallen 8% since 2024 ...

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HD Hyundai Infracore (HDI) is set to debut a new, 35 kWh lithium phosphate battery pack to power the next generation of electrified commercial equipment. While the new HD Hyundai lithium phosphate ...

In brief: The electric vehicle industry has undergone a dramatic transformation in battery technology over the past 15 years, with costs plummeting as a result. These trends are predicted to continue, ...