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Battery storage

Battery production growth and the cost outlook

An archived production-growth chart provides context for expectations about battery costs.

Chart of years between cumulative production doublings for lithium-ion batteries, 2000 to 2021.
Historical chart of production doubling intervals, with sources identified in the image. It is not a battery-price chart. View full size (opens in a new tab)

Informational rewrite based on the topic and available supporting material from David Brushett’s original LinkedIn post. The date shown is the original post date; wording was reviewed in September 2026.

The chart shared with the original post tracks the number of years between cumulative production doublings for lithium-ion batteries. Shorter intervals indicate faster growth in cumulative output.

Production growth is not a price guarantee

Increasing production can create opportunities for manufacturing improvements and economies of scale. It does not establish a fixed timetable for price reductions: material costs, supply constraints, technology choices and market conditions also matter.

The original post’s cost outlook should therefore be read as a historical expectation. The supplied chart ends in 2021 and does not verify subsequent prices.

Compare complete systems

A battery cell or pack price is only part of an installed storage project. Power conversion, controls, enclosure, installation and grid-connection requirements affect the total cost.

For a building owner or utility, the useful comparison is the cost and performance of a complete system serving a defined need, including its usable energy, power capability and expected life.

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