Its Over, page-21788

WRIGHT'S LAW
The learning curve model posits that for each doubling of the total quantity of items produced, costs decrease by a fixed proportion. Generally, the production of any good or service shows the learning curve or experience curve effect. Each time cumulative volume doubles, value-added costs (including administration, marketing, distribution, and manufacturing) fall by a constant percentage.

It is hard to grasp just how cheap solar modules have become. This is a good way to visualize it.

https://x.com/LionHirth/status/1789659652151554354


...over time, a new technology be it solar, EV, TV, etc will only get cheaper as cost curve drops with larger production volume.

...so we can expect cheaper battery cost, cheaper EVs over time.

...cheaper battery cost also implies cheaper battery chemical input costs as well.