‪In China, battery pack-level prices for LFP battery chemistries have been below the often-referenced $100/kWh benchmark (price parity between EV and ICE) since Oct. 2023. As of July 2024, LFP pack prices were at $75/kWh.

Cheaper to make EVs than ICE vehicles!

https://www.bloomberg.com/news/newsletters/2024-07-09/china-s-batteries-are-now-cheap-enough-to-power-huge-shifts