Comparison of Lithium-Ion Battery Prices in Sri Lanka vs. Pakistan (2024) for Solar, EVs, and Inverters

Lithium-ion (Li-ion) batteries are widely used in solar systems, electric vehicles (EVs), and inverters due to their high energy density, long lifespan, and efficiency. Below is a comparison of lithium-ion battery prices in Sri Lanka and Pakistan for these applications.


1. Lithium-Ion Battery Prices for Solar Systems


Sri Lanka:
Battery Type Capacity Price Range (LKR) Price Range (PKR)
LiFePO4 5 kWh LKR 500,000 – LKR 700,000 PKR 200,000 – PKR 280,000
LiFePO4 10 kWh LKR 1,000,000 – LKR 1,400,000 PKR 400,000 – PKR 560,000
Pakistan:
Battery Type Capacity Price Range (PKR)
LiFePO4 5 kWh PKR 250,000 – PKR 350,000
LiFePO4 10 kWh PKR 500,000 – PKR 700,000

Notes:

  • Prices in Sri Lanka are slightly lower when converted to PKR, but the difference is marginal.
  • Both countries offer a range of brands, including international options like Tesla and local brands.

2. Lithium-Ion Battery Prices for Electric Vehicles (EVs)


Sri Lanka:
Battery Type Capacity Price Range (LKR) Price Range (PKR)
NMC 30 kWh LKR 2,000,000 – LKR 3,000,000 PKR 800,000 – PKR 1,200,000
NMC 60 kWh LKR 4,000,000 – LKR 6,000,000 PKR 1,600,000 – PKR 2,400,000
Pakistan:
Battery Type Capacity Price Range (PKR)
NMC 30 kWh PKR 1,500,000 – PKR 2,500,000
NMC 60 kWh PKR 3,000,000 – PKR 5,000,000

Notes:

  • EV battery prices in Sri Lanka are slightly lower when converted to PKR.
  • Both countries have a growing market for EVs, with increasing availability of lithium-ion batteries.

3. Lithium-Ion Battery Prices for Inverters


Sri Lanka:
Battery Type Capacity Price Range (LKR) Price Range (PKR)
LiFePO4 100Ah LKR 100,000 – LKR 150,000 PKR 40,000 – PKR 60,000
LiFePO4 200Ah LKR 200,000 – LKR 300,000 PKR 80,000 – PKR 120,000
Pakistan:
Battery Type Capacity Price Range (PKR)
LiFePO4 100Ah PKR 50,000 – PKR 80,000
LiFePO4 200Ah PKR 100,000 – PKR 150,000

Notes:

  • Inverter battery prices in Pakistan are slightly lower compared to Sri Lanka.
  • Both countries offer a range of options, including local and international brands.

4. Factors Affecting Lithium-Ion Battery Prices

  1. Import Duties and Taxes:
    • Both Sri Lanka and Pakistan impose import duties on lithium-ion batteries, affecting the final price.
  2. Local Manufacturing:
    • Local assembly or manufacturing can reduce costs. Pakistan has a growing market for locally assembled lithium batteries.
  3. Currency Exchange Rates:
    • Fluctuations in currency exchange rates can impact the price comparison between the two countries.
  4. Brand and Quality:
    • International brands like Tesla and LG Chem are more expensive than local brands in both countries.
  5. Market Demand:
    • Higher demand in either country can drive prices up due to increased competition and supply chain dynamics.

5. Summary of Price Comparison

Application Sri Lanka (LKR) Sri Lanka (PKR) Pakistan (PKR)
Solar (5 kWh) LKR 500,000 – 700,000 PKR 200,000 – 280,000 PKR 250,000 – 350,000
Solar (10 kWh) LKR 1,000,000 – 1,400,000 PKR 400,000 – 560,000 PKR 500,000 – 700,000
EV (30 kWh) LKR 2,000,000 – 3,000,000 PKR 800,000 – 1,200,000 PKR 1,500,000 – 2,500,000
EV (60 kWh) LKR 4,000,000 – 6,000,000 PKR 1,600,000 – 2,400,000 PKR 3,000,000 – 5,000,000
Inverter (100Ah) LKR 100,000 – 150,000 PKR 40,000 – 60,000 PKR 50,000 – 80,000
Inverter (200Ah) LKR 200,000 – 300,000 PKR 80,000 – 120,000 PKR 100,000 – 150,000

Notes:

  • Prices in Sri Lanka are slightly lower when converted to PKR, but the difference is not significant.
  • Both countries offer competitive prices, with Pakistan having a slight edge in inverter battery costs.

Conclusion

Lithium-ion battery prices in Sri Lanka and Pakistan are relatively similar when converted to PKR, with minor variations based on import duties, local manufacturing, and market demand. Both countries offer a range of options for solar systems, EVs, and inverters, catering to different budgets and needs. When purchasing lithium-ion batteries, consider factors like brand, quality, and after-sales support to ensure you get the best value for your investment.