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> Luckily, we're seeing the same exponential effects in battery and energy storage production. For grid storage, domestic usage, cars, planes, toothbrushes, etc
by troupo 3y ago
> Luckily, we're seeing the same exponential effects in battery and energy storage production. For grid storage, domestic usage, cars, planes, toothbrushes, etc.
We're not seeing that
- jillesvangurp 3y agoYes we are. Drops in prices, increases in production capacity. EV adoption is an exponential. They have batteries. So, battery production is an exponential too. 5M vehicles per year (nowish), 10M vehicles per year (a few years from now), 20M vehicles per year, etc. That's just cars. Deployed grid battery capacity is doubling the same way every few years. Those industries are constrained on how quickly new battery factories can be built. Which is happening at the pace manufacturers can finance it. Toothbrushes not so much, obviously.