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
- Import Duties and Taxes:
- Both Sri Lanka and Pakistan impose import duties on lithium-ion batteries, affecting the final price.
- Local Manufacturing:
- Local assembly or manufacturing can reduce costs. Pakistan has a growing market for locally assembled lithium batteries.
- Currency Exchange Rates:
- Fluctuations in currency exchange rates can impact the price comparison between the two countries.
- Brand and Quality:
- International brands like Tesla and LG Chem are more expensive than local brands in both countries.
- 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.