He didn't dismiss that fact. He accepted it, and then went further to argue that:
OEMS VALUE BATTERY PACK PRICE
LIMITING FACTOR IN BATTERY PACK PRICE WILL BE RAW MATERIALS
THEREFOR - OEMS SHOULD VALUE RAW MATERIALS.
really not sure what the point of your post was... because you clearly misinterpreted Pabs
TLG - Media, page-230
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