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Covid driven inflation reduced the cost of a battery by $500?

• MayeulC 5y ago
  > by $500 First, that would be $300, or a 33% reduction. Let me explain the reasoning. If batteries are manufactured abroad and that foreign currency experiences sudden inflation, exchange rates for the local currency would make them quite a bit cheaper, especially in a volatile market if sellers are "desperate" to get some (perceived) more stable currency. I wonder what kind of items that effect would be visible on first, and if that can be used as a tool to look at the market. Now, this would be combined with regular year-on-year advances in battery tech and price reduction. But if the yearly price drop was higher than usual, I was offering a possible explanation.