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I think you may have missed the point i was trying to make. With...

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Arnobay

1,109 Posts.

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08/02/24

07:59

Post #: 72296002
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Originally posted by volvoman: ↑

Well, i'm not sure a 50% reduction in the cost of a battery will put most EV's into the realm of "much more affordable" for the average person.

The powertrain (battery, motor,etc) in an EV is estimated to be about 51% of the cost of the vehicle. The rest is 10% to the interior, 16% to the body exterior, 14% to the controlling electronics and 9% to the chasis.

So lets say we apportion 30% to the battery and 21% to the motor and associated bits. That would mean In an averaged price EV of around $80k, we could assume the full battery component to be around $24k. At half price it would be $12k.

Even if the buyer got the full amount of the saving (which is pretty unlikely) you are still up for around $68k ... which is a saving, but it don't expect it would start a buying stampede.

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I think you may have missed the point i was trying to make. With the price of lithium in the gutter we need to think about viability of Manono.
We all know we have the best grade and tonnage that is a given.
The value of the Tin now comes into play and may just be what turns the operation back into a nice cash cow until lithium returns to more normal levels.
As for EV costs we have no control if car manufacturers want to make high end fully optioned EVs, but the Chinese have a very cheap Seagull EV on it's way. Maybe that is the cheap end of the market taken care of.

AVZ Price at posting: 78.0¢ Sentiment: Buy Disclosure: Held
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