12 ms·

Not sure it 'collapsed'. Probably leveraged to undercut oil.

• epistasis 3y ago
  Even at its peak, it barely caused a change in battery prices. It's going to be really hard to undercut oil by dropping lithium prices, as nickel is a bigger contributor to cost.
  • benbojangles 3y ago
    Nickel also down in price
    • epistasis 3y ago
      Not sure which players could cause huge shifts in both lithium and nickel commodity prices, for the goal of undercutting oil. Especially since standard learning curves deliver huge drops in battery prices year after year anyway. Seems like a futile effort.
      • benbojangles 3y ago
        future looking electric