Blimey - according to https://thedriven.io/2024/01/25/worlds-largest-ev-battery-maker-set-to-cut-costs-in-half-by-mid-2024/ the world's largest battery manufacturer, China's CATL will be halving the price of its Lithium Iron Phosphate batteries this year. "This means the price of an average 60 kWh battery pack will have dropped from $US6,776.00 to just $3,388.00 in just 12 months, saving EV manufacturers over $3,000 per vehicle."
Our #BEV (MG4 Excite) has a 51kWh pack... So we could replace a future (post 7yr warranty) failed pack for well under US$3k... #BatteryTech