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This is the trend, backed by all the data and the expectation of the industry. Why do you think otherwise? https://ourworldindata.org/battery-price-decline ht
by yazaddaruvala 4y ago
This is the trend, backed by all the data and the expectation of the industry. Why do you think otherwise?
https://ourworldindata.org/battery-price-decline https://ourworldindata.org/battery-price-decline
https://corporatefinanceinstitute.com/resources/management/experience-curve/ https://corporatefinanceinstitute.com/resources/management/e...
https://en.m.wikipedia.org/wiki/Experience_curve_effects https://en.m.wikipedia.org/wiki/Experience_curve_effects
If you’re familiar with Moores Law, that is an example of an experience curve.
- endisneigh 4y agoI’m familiar with the trend, but it’s unlikely the price of electric batteries would decrease an additional 90% in 20 years
- yazaddaruvala 4y ago“unlikely” based on what? Your narrative is counter to the industry’s expectations of itself. Your narrative is counter to the research and science already showcased in labs. So I just want to understand your perspective better. What sources are you using to justify “unlikely”, or are you using intuition? Keep in mind exponential curves are very hard for humans to grasp and even harder for humans to believe, but the super majority of the time those curves hold for many decades.