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GM forecasted $87/KWh for Ultium cells by 2025 early last year. Then, just 9 months later, the company also reported 40% decline in cell cost YoY in 3Q of last
by tooltalk 3y ago
GM forecasted $87/KWh for Ultium cells by 2025 early last year. Then, just 9 months later, the company also reported 40% decline in cell cost YoY in 3Q of last year.
The price of lithium has fallen by 80+% since the 2022 peak: there isn't some CATL and BYD rivalry that some make it out to be.