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Update - Lithium Battery prices set to rise

Backbone Energy

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Good Day Powerforum members

Lithium battery prices are set to increase as much as 25% in the coming months. This will be felt across the globe as the 2 biggest lithium cell manufacturers are experiencing supply shortages. These are the manufacturers of the following cells:

  • CATL cells
  • BYD cells

Additionally container shortages are being felt across the world with available containers being priced at premiums which means consumers then carry the cost.

We may find second life lithium cells and batteries having stable pricing but this is uncertain.

We will endeavour to keep the BSLB lithium at 15% instead of 25% increase in order to compensate as best we can.

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