Part 4/8:
As the shift toward electric power accelerates, the cost of batteries has already seen a more than 90% decline over the past twelve years. However, the expectation that prices could fall by an additional 66% in the next decade adds another layer of optimism. Some experts, including Tony C, predict that costs could even dip as low as $10 per kilowatt-hour by 2030, particularly with advancements in sodium-ion battery technology.