PLS - Lithium related news, page-181

Hi Jogo,
Another way to view decline in battery prices;

As battery prices fall, the cost of all applications using those batteries (i.e. EV's, storage, etc) will fall also, thus will lead to greater uptake in those application, economies of scale if your like. Therefore, more batteries sold, thus greater demand for lithium, which will would typically lead to higher lithium prices.

Battery is most expensive component of EV at present, thus EV's more expensive than internal combustion engine (ICE) equivalent. If battery prices fall sufficiently, EV cost on par with ICE vehicle, that is when EV's will realy take off (tipping point), therefore, more EV's = more batteies = more lithium.