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Your logic is backwards, it is the demand for batteries that will make them cheap. Just look at the actual data https://ourworldindata.org/battery-price-declin

• JumpCrisscross 4y ago
  > it is the demand for batteries that will make them cheap This isn’t how supply and demand work. Demand can induce scale efficiencies in production, which lowers costs. That’s what’s happening in your link, which tracks through 2018. In 2019, electric car sales shares rose globally and non-linearly [1]. We persist on that path. As a result, battery costs are spiking [2][3]. [1] https://iea.blob.core.windows.net/assets/ad8fb04c-4f75-42fc-973a-6e54c8a4449a/GlobalElectricVehicleOutlook2022.pdf https://iea.blob.core.windows.net/assets/ad8fb04c-4f75-42fc-... page 15 [2] https://about.bnef.com/blog/battery-pack-prices-fall-to-an-average-of-132-kwh-but-rising-commodity-prices-start-to-bite/ https://about.bnef.com/blog/battery-pack-prices-fall-to-an-a...
  • gitfan86 4y ago
    It is exactly how supply and demand works, lithium refiners are making huge profits, which causes more investment in refining capabilities which unlocks larger economies of scale. If you don't understand this please just circle back to this thread in 5 years, and I can show you what actually happened.
    • deleted 4y ago
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