While still significant, the impact of lithium cost on battery cost is commonly far overestimated: "A 50% increase in lithium prices would for instance increas

While still significant, the impact of lithium cost on battery cost is commonly far overestimated: "A 50% increase in lithium prices would for instance increase the battery pack price of a nickel-manganese-cobalt (NMC) 811 battery by less than 4%." [1] Nevertheless, together with improvements in (low-cobalt) battery chemistry, this sounds like an important piece of the puzzle. [1] https://about.bnef.com/blog/behind-scenes-take-lithium-ion-battery-prices/ https://about.bnef.com/blog/behind-scenes-take-lithium-ion-b...