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EV price will mainly depend on how well Li-Ion batteries scale up in a mass market. I'd imagine at some point more and more of the price will go towards the par
by m_mueller 9y ago
EV price will mainly depend on how well Li-Ion batteries scale up in a mass market. I'd imagine at some point more and more of the price will go towards the part that cannot be made cheaper (and will actually increase in price with higher demand): Lithium. On the other hand, having efficient refurb/recycle processes for older batteries may solve that, assuming that there's enough Lithium to serve the global market once over in the first place. If not I guess it's either time for a new battery technology or time to mine asteroids or the moon.