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4x drop in battery prices, (or) 5x increase in density in only 8 years. Pretty damn good for batteries that "aren't following Moore's Law", something most batte
by mtgx 10y ago
4x drop in battery prices, (or) 5x increase in density in only 8 years. Pretty damn good for batteries that "aren't following Moore's Law", something most battery-related articles are quick to remind us. Hopefully, this continues for at least another decade, which should make EVs more than competitive with ICE cars.
- dimino 10y agoBatteries are the secret to most of the cool "sci-fi" tech we all want but currently can't have.
- macintux 10y agoHmm. I think fusion is more important, but I'll take what I can get.
- walrus01 10y agoNot so much batteries, but "energy storage" in general. Batteries being one very important type of energy storage. If photovoltaics and/or wind become extremely cheap, to the point where the cost is 1 cent/kilowatt-hour, it would even be economical to crack hydrogen from seawater via electrolysis (a process that consumes vast amounts of electricity) and use hydrogen as storage.
- g4k 10y agoThat is indeed very good progress. Elon Musk mentioned recently that he expects a yearly capacity increase of 5% for the foreseeable future.
- mtgx 10y agoI think that's extremely conservative, even if you don't consider the gigafactory. He said years ago that the rate of improvement in density would be 6-8% per year, but clearly it's been much better than that - more like a 20% increase in density or a 15% drop in price per year, for the past 8 years.