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So right now lithium is at $5/lb. Let's say you have an incredible breakthrough and reduce it to $1/lb. The cost of that battery now becomes $96 with the same p
by hueving 11y ago
So right now lithium is at $5/lb. Let's say you have an incredible breakthrough and reduce it to $1/lb. The cost of that battery now becomes $96 with the same profit margin. I don't think that really falls into the category of "changing the world", at least in the sense of it revolutionizing the battery industry.