ADO 0.00% 1.9¢ anteotech ltd

Ann: Anteo Files its Battery Patent in Key Lithium-ion Markets, page-110

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    OK here is something regarding Batteries that may be of interest

    The Latest Bull Case for Electric Cars: the Cheapest Batteries Ever

    The kind of battery that powers electric vehicles is now the cheapest it’s ever been thanks to a global ramp-up in production.

    Lithium-ion battery packs are selling at an average price of $209 a kilowatt-hour, down 24 percent from a year ago and about a fifth of what it was in 2010, a Bloomberg New Energy Finance survey shows. The rate has further to fall -- reaching below $100 a kilowatt-hour by 2025, according to a report by BNEF analyst James Frith.

    That’s a magic number for the electric car business. According to Frith, $100 is widely seen as “a tipping point in the adoption of EVs.”

    The price estimates are based on a BNEF survey of more than 50 companies, and their decline reflects a rise in battery manufacturing and “the economies of scale that come with it,” the report shows. Developers of stationary storage systems -- like the kind that back up rooftop solar panels -- can expect to pay 51 percent more than automakers because of much lower order volumes.

    https://www.bloomberg.com/news/arti...for-electric-cars-the-cheapest-batteries-ever

    As for the BOD - here is  a link to the key people - https://www.anteotech.com/page/anteo-diagnostics-key-people/
 
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