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Again - nobody is going to line at a loss. Can't you get...

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mudguts

12,318 Posts.

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10/05/24

11:05

Post #: 73759842
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Originally posted by acorn ↑

That's fantastic news .

Remember when the deniers said there's not enough lithium in the world ?

lt appears that they were wrong .

Who knew ?

Cheaper lithium means cheaper evs and energy storage.

The main cost of an electric vehicle (EV) is its battery. The high cost of energy-dense batteries has meant EVs have long been more expensive than their fossil fuel equivalents.
But this could change faster than we thought. The world’s largest maker of batteries for electric cars, China’s CATL, claims it will slash the cost of its batteries by up to 50% this year, as a price war kicks off with the second largest maker in China, BYD subsidiary FinDreams.

https://theconversation.com/a-batte...n-make-electric-cars-cheaper-heres-how-225165

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Again - nobody is going to line at a loss.

Can't you get economics 101 through that wooden skull of yours?
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