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Batteries are key. Demand is expected to quadruple in the next 5 years, and battery manufacturers are going to struggle to keep up. As a consequence many auto m
by woodandsteel 7y ago
Batteries are key. Demand is expected to quadruple in the next 5 years, and battery manufacturers are going to struggle to keep up. As a consequence many auto manufacturers are going find their sales constrained by their battery supplies.
Tesla is at present way ahead of all the other auto companies here. That's because Musk realized a decade ago how important battery production is, and so Tesla and Panasonic built a battery factory that was about 10 times larger than any existing one. But who knows what the future will bring.
- fgonzag 7y agoNo reason why other auto mfgs (even as a consorcium of sorts) couldn't build their own factory in partnership with Samsung, Sanyo, Sony, LG. If 18650s or 21700s are truly the future, capital will follow. I don't think Tesla's lead here is as insurmountable (or even as large) as people are making it out to be.