4 ms·
In a decade batteries should cost quite a bit less than they do now.
by aptwebapps 14y ago
In a decade batteries should cost quite a bit less than they do now.
- sliverstorm 14y agoAnd why would that be? Are raw materials getting cheaper? If you're banking on battery technology improving, don't. Battery tech marches very slowly.
- aptwebapps 14y agoWell, from the horse's mouth but Musk would disagree: http://takingpitches.com/2012/09/22/elon-musk-the-role-of-analogy-and-reasoning-from-first-principles-in-disruptive-entrepreneurship/ http://takingpitches.com/2012/09/22/elon-musk-the-role-of-an... He makes it sound as though the raw material cost is not the problem. Also, Deutsche Bank in Dec 2010: http://bioage.typepad.com/files/1223fm-05.pdf http://bioage.typepad.com/files/1223fm-05.pdf Relevant bit: "Based on discussions with industry experts and several automakers, the DB Auto team has lowered its advanced lithium ion battery cost projection by about 30% for 2012. Current prices have fallen from $650/kWh+ in 2009 to about $450/kWh now, and DB’s forecast is the price to fall at about a 7.5% CAGR from 2012 through 2020 to about $250/kWh." And lots others on Google. I don't know enough about it to judge who is credible but I do believe that laptop batteries don't cost as much as they used to. It's not like Moore's Law, but I think prices have been falling pretty steadily.