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The more important part of article is the raise in price for Lithium Carbonate, from $4000 to $14000, how does that help reduce cost of batteries. We already ha
by sremani 9y ago
The more important part of article is the raise in price for Lithium Carbonate, from $4000 to $14000, how does that help reduce cost of batteries. We already have cheap oil, it may not be forever, but lets assume adoption of EVs improves drastically the would make OIL dead cheap, and most of the oil would be diverted to power generation or to other countries that do not have Electric Infrastructure etc. The point is the article is full of linear thinking and no room for second order effects and most optimistic projections.