Running discussion on SP, page-3277

Agree for the most part. I think if lithium prices fall it'll be because supply has caught up, not because EV's need to be cheaper. Lithium makes up 2% of batteries by weight. Back of envelope calculation puts lithium in a Tesla at a cost of $1k with LCE prices at $20k/tonne. Tesla's cost sometimes 100 times that figure. I think the biggest EV costs that can be cut are manufacturing costs - manufacturing batteries and manufacturing the vehicles themselves. This is happening right now due to economies of scale.

Rising demand due to decreasing costs for energy storage will also put upwards pressure on lithium prices.

The EV inflexion point is going to happen 2020-2030 so I don't think lithium will decrease in price over that time. Also with the supposed next big thing in batteries being solid state tech which require lithium too (but not graphite), should be safe for a while, imo.

The price of lithium can remain where it is or even go higher and the EV revolution will continue.