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Tesla success with mass manufacture the Model 3 highly profitably in 2017/2018 was a huge shock to the infustry. Nobody thought it was possible and it lead to a

by nickik 3y ago

Tesla success with mass manufacture the Model 3 highly profitably in 2017/2018 was a huge shock to the infustry. Nobody thought it was possible and it lead to a huge increase in investments. And even then the base from where these investments sarted was massivly higher because all companies had increasingly experimented with EVs. The Roadster making EV cool and desirable and the Model S really showing what a modern car was. Battery investment doesnt come from knowwhere either. You need products that actually allow for continues battery scaling. Tesla investing huge amounts into Giga Nevada was necessary to build batteries in these quantities. And the other battery companies took note and also started to think way bigger. Those battery factories is what allowed for things like the Model 3. Consumer electronic alone wouldnt have driven battery demand so agressivly since the Model S. Battery improving comes from increase investment and research drivien by expectation of growth in the demand. And Tesla unquestionably was the most important driver behind the believe in future demand.

btilly 3y ago
The price per kWh was dropping faster BEFORE mass market cars than after. It is not that we lacked the technology to build cheap batteries. It is that we lack the technology to scale them. Tesla is ahead of the curve. Their aggressive efforts on supply chains and factories have reduced the cost of batteries for them relative to everyone else. But the end result is not a change in which technology will win. Instead it is a question of getting there a single digit number of years earlier.
- nickik 3y ago
  Initially there was a bunch of low hanging fruits, as we were going into the 2010 it was increasingly hard to improve batteries and required lots of investment. You also needed investment for supply chain built up, increasing lithium mining and refining, cobalt mining and refining.

by nickik 3y ago

btilly 3y ago

The price per kWh was dropping faster BEFORE mass market cars than after. It is not that we lacked the technology to build cheap batteries. It is that we lack the technology to scale them. Tesla is ahead of the curve. Their aggressive efforts on supply chains and factories have reduced the cost of batteries for them relative to everyone else. But the end result is not a change in which technology will win. Instead it is a question of getting there a single digit number of years earlier.

nickik 3y ago
Initially there was a bunch of low hanging fruits, as we were going into the 2010 it was increasingly hard to improve batteries and required lots of investment. You also needed investment for supply chain built up, increasing lithium mining and refining, cobalt mining and refining.