Free · No login required · Updated Q2 2026

Know What a Battery Cell Should Cost.

A free, bottom-up cost model for procurement teams at EV OEMs and cell manufacturers — covering NMC 811, NMC 622, LFP, and NCA from raw materials to delivered cell.

Get Free Access →See how it works ↓
$80–130
$/kWh cell cost range
4
chemistry BOMs
16+
cost layers modelled
4
regional presets
Built on public data from BloombergNEF · IEA · CRU Group · USGS · SNE Research

THE PROBLEM

Your procurement team shouldn't be flying blind on cell costs.

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Commodity prices are volatile

Lithium carbonate swung from $80K to $9K/t between 2022–2025. Benchmarks from six months ago are already stale.

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Regional cost gaps are significant

A cell manufactured in China can cost 25–35% less than the equivalent in Europe or North America — but that gap is narrowing fast.

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Supplier quotes are opaque

When a supplier quotes $88/kWh for NMC 622, your team needs a defensible number to negotiate against. Not a gut feeling.

FEATURES

Everything a procurement team needs to benchmark cell costs.

No subscriptions. No black-box models. Every assumption is visible and overridable.

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kg/kWh breakdown

Full BOM transparency

Every kg of cathode active material, graphite, electrolyte, and copper foil — traced to the raw material with source citations.

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Live inputs

Overridable commodity prices

Override any of 16 commodity inputs — LiOH, NiSO₄, CoSO₄, natural graphite, and more — to reflect your negotiated prices or forward curves.

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CN · KR · EU · US

Regional manufacturing presets

Switch between China, South Korea, Europe, and USA cost profiles in one click. Includes labour, energy, capex, and overhead differences.

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16 cost layers

Complete cost stack

Raw materials → Refining → Cell MFG → Pack assembly → Logistics → Overhead → Margin. Every layer is visible and adjustable.

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NMC · LFP · NCA

Four chemistry BOMs

Accurate bill-of-materials for NMC 811, NMC 622, LFP, and NCA — each with verified stoichiometry and realistic material intensities.

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Negotiation-ready

Should-cost vs. quote

Understand exactly where a supplier quote deviates from first-principles cost. Build defensible counter-offers backed by transparent assumptions.

HOW IT WORKS

A should-cost in under 60 seconds.

01

Select a chemistry

Choose from NMC 811, NMC 622, LFP, or NCA. Each comes pre-loaded with a verified bill-of-materials.

NMC 811 · NMC 622 · LFP · NCA
02

Set your price assumptions

Override any of 16 commodity spot prices, refining costs, and regional manufacturing presets to reflect your market view.

China · Korea · Europe · USA
03

Get your should-cost

Instant full cost stack — from raw materials to delivered cell — broken down by layer with interactive charts.

$80–130 / kWh typical range
Get free access →

CHEMISTRIES COVERED

Four chemistries. One model.

Compare NMC and LFP cost structures side by side — or deep-dive into any single chemistry.

NMC 811

NMC811
LiNi₀.₈Mn₀.₁Co₀.₁O₂
Energy: 230–270 Wh/kg
Use case: Premium EVs · Long range
~$78–90 / kWh
›High energy density
›Sensitive to Li & Ni prices
›Complex thermal management

NMC 622

NMC622
LiNi₀.₆Mn₀.₂Co₀.₂O₂
Energy: 200–250 Wh/kg
Use case: Mid-range EVs · BESS
~$80–92 / kWh
›Stable cost profile
›Lower Ni intensity than 811
›BESS workhorse chemistry

LFP

LFP
LiFePO₄
Energy: 140–170 Wh/kg
Use case: Entry EVs · Commercial · BESS
~$74–86 / kWh
›Cobalt-free
›Low commodity price risk
›Dominant in stationary storage

NCA

NCA
LiNi₀.₈Co₀.₁₅Al₀.₀₅O₂
Energy: 240–280 Wh/kg
Use case: High-performance EVs
~$79–91 / kWh
›Highest energy density
›Al replaces Mn in cathode
›Favoured by some OEMs for cylindrical cells

FULL COST STACK

Every cost layer, fully transparent.

Indicative NMC 811 at a Chinese gigafactory. Your assumptions drive the model.

Raw Materials41%
Refining / Conversion13%
Cell Manufacturing16%
Pack Assembly14%
Logistics2%
Overhead & Margin14%
Every percentage is driven by your commodity price inputs — change LiOH or NiSO₄ spot prices and the stack updates instantly.

WHO IT'S FOR

Built for the people who sign the purchase orders.

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EV OEM Procurement

Benchmark supplier quotes for cell and module sourcing. Build defensible cost targets for RFQ negotiations. Stress-test commodity exposure in your supply contracts.

RFQ preparationShould-costSupplier negotiation
e.g. BMW · VW Group · Stellantis · Hyundai/Kia · GM · Ford · Renault
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Cell Manufacturer Buyers

Understand material cost structures for margin analysis. Model the impact of lithium or cobalt price moves on your P&L. Compare BOMs across chemistries.

Margin modellingBOM analysisCommodity hedging
e.g. CATL · BYD · LG Energy Solution · Samsung SDI · Panasonic · SVOLT
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BESS & Energy Storage

LFP dominates stationary storage. Model your cell cost input assumptions for project financials, procurement plans, and supplier diversification strategies.

Project financeLFP cost modelBESS procurement
e.g. Grid storage · C&I · Utility-scale · Behind-the-meter

REGIONAL PRESETS

Four manufacturing regions. One click to switch.

Pre-loaded with region-specific labour rates, energy costs, capex assumptions, and overhead.

🇨🇳ChinaCN

Lowest cost baseline. Dominant gigafactory capacity globally.

🇰🇷South KoreaKR

LG ES, Samsung SDI, SK On. Premium quality cost profile.

🇪🇺EuropeEU

Northvolt, ACC, Stellantis. Higher labour & energy costs.

🇺🇸North AmericaUS

IRA-driven gigafactory buildout. Incentive-aware modelling.

FREE ACCESS

Unlock the full model

Enter your work email for instant free access. No credit card, no subscription.

NMC 811
NMC 622
LFP
NCA
🇨🇳 CN
🇰🇷 KR
🇪🇺 EU
🇺🇸 US
Total Should-Cost · NMC 811 · CN Gigafactory
$83.3
/kWh
Raw Materials
$34.5
/kWh · 41%
Refining
$10.7
/kWh · 13%
Cell MFG
$13.5
/kWh · 16%
Pack Assembly
$11.8
/kWh · 14%
Logistics
$1.6
/kWh · 2%
OH + Margin
$11.2
/kWh · 14%
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Coming soon

Battery Should-Cost Model — Pro

The free model freezes its commodity defaults each quarter. Pro keeps them current — plus the tools procurement and finance teams ask for most.

✓Quarterly-updated commodity defaults (no manual refresh)
✓Full override history & saved scenarios
✓CSV / Excel export of the full cost stack
✓Additional chemistries & manufacturing regions
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