Does this article also ignore that there will be scaling efficiencies for
even the raw material procurement/mining? Mines and foundries selling
materials for Li-Ion batteries would certainly want to scale to meet the
larger demand, and will probably find cheaper ways to make/procure
materials, unless they're just going to take advantage of the demand and
hike prices. 

Also not accounting for battery improvements and breakthroughs to reduce
material usage, or find cheaper materials to meet the same energy density.
Tesla and VW already claim they are near $100/kWH for cell level, is the
pack assembly really that much more expensive?

https://www.businessinsider.com/vw-electric-cars-battery-costs-versus-tesla-2019-9


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