India Lithium–Ion Battery Market is poised to grow at a CAGR of 29.26% by 2023. Also. The high cost, associated with batteries that are used in the electric vehicles,. batteries have fallen drastically, from approximately USD 1000 per kWh in .
This translates into a very high energy density for lithium–ion batteries.. . to studies the cost of lithium–ion batteries will decrease from $550/kWh in 2012 to .