This is nonsense. The Chinese CALB cells cost more than ever.
(Yes, i realize they are talking about cells for production vehicles) They won't go down either. Al On 10/9/2018 11:02 PM, brucedp5 via EV wrote:
https://stockhead.com.au/tech/battery-prices-are-plunging-and-that-could-drive-an-electric-car-industry-in-australia/ Battery prices are plunging and that could drive an electric car industry in Australia October 5, 2018 Rachel Williamson [images https://stockhead.com.au/wp-content/uploads/2018/10/Ev-rubbish-truck.jpg https://stockhead.com.au/wp-content/uploads/2018/10/Ev-retrofit-truck.jpg ] The cost of lithium batteries could drop up to 95 per cent in the next decade, leading to a dramatic expansion in opportunities related to electric cars, says the boss of one of Australia’s newest electric vehicle companies. Right now batteries are among the most expensive components in electric cars. That’s been a major drag on sales — and has limited the market for batteries and related materials. But that’s about to change says Tony Fairweather, managing director of Melbourne electric vehicle (EV) retrofitter SEA Electric. SEA Electric retrofits commercial trucks and vans to electric power. Smaller, cheaper and more energy-dense batteries mean Mr Fairweather’s business can retrofit an increasing variety of vehicles.
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