Batteries Got Cheap Fast | Business and Finance News

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Recorded19 Aug 2026

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Battery prices just hit rock bottom thanks to China’s explosive overproduction—factories cranked out enough cells to power every car on Earth and then some. Aggressive dumping in Europe slashed global costs, though U.S. tariffs kept prices from falling as far here. The shift to cheaper lithium iron phosphate chemistry is accelerating EV adoption but deepening China’s grip on the supply chain. Lithium prices crashed too, but long-term contracts mean those savings are temporary. Still, the infrastructure built during this cheap-battery boom is permanent—and could lock in a cleaner future, even as battery makers face brutal headwinds. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/aedbd67851fa11f6

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