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Lithium batteries do not stop working suddenly what people are usually talking about degradation so the capacity might be 5%-10% less. The improvements in batte
by xbmcuser 4y ago
Lithium batteries do not stop working suddenly what people are usually talking about degradation so the capacity might be 5%-10% less. The improvements in battery tech has improved number of charge cycles as well as how badly the batteries degrade. With the way battery prices are falling if you buy batteries for $100 today after a decade of use the batteries will still have 90-95% capacity and new batteries cost less than $20. Oil and Gas prices are likely to go up in the future or at least remain the same. Solar and wind electricity price are getting cheaper by 5-10% a year. So electric vehicles will also be cheaper to run by a large margin. I think 1-2 punch of battery/electric engines and renewable electricity prices are going to change many things. And a lot of countries and their economies will be caught flat footed.