Either Chinese companies are reaping huge profits on batteries, or the American companies that repackage them into their bespoke platforms (EGo batteries don't

Either Chinese companies are reaping huge profits on batteries, or the American companies that repackage them into their bespoke platforms (EGo batteries don't work with greenworks or ryobi AFAIK because they put different plastic shapes around the battery cells so you're locked into their ecosystem for example) are reaping the profits. Hopefully, 200-230 wh/kg LFP and 150 wh/kg sodium ion batteries should be a revelation in all use cases of batteries in the next year or so. Tesla gets to operate at the extremes of volume, so they get to demand the best prices I would imagine, but the markup still seems astronomical in other things (like tools, home powerwalls, etc). IMO there needs to be some governmental nudge. Battery prices (in theory) should be dropping in price such that many ICE-based tools will be fundamentally cheaper as batteries. An electric lawnmower shouldn't be more expensive than a very very dirty two stroke ICE lawnmower with the LFP/Sodium Ion that is coming to market. But a lot of electric tool makers are using the reduced sound and superior torque abilities of electric tools as a price premium product. Things like lawnmowers and leaf blowers and snow blowers being high performance electric tools is like a "starter EV" for millions of Americans: it teaches them about recharging batteries, how EVs are better than ICEs in many ways (quieter, better torque, less smelly, no gasoline to spoil over winter) and how to deal with the annoyances (recharging).