another offset, (and I make no claim to researching this) I feel...

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mytresaw

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18/09/22

11:37

Post #: 63758695
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Originally posted by GCar: ↑

We also must remember that it’s marginal volumes being sold at those spot prices.
It pays to do some actual maths and analysis to understand the so-called “problem” here.

Let’s take $50k/t as an example. That appears to better represent current contracted pricing...?
At $50k/t, and about 50kg of Li in the average EV battery pack, that means the Li cost per pack is about $2500.
If the price was “only” $25k/t, then the difference would be about $1250 per battery pack.
So, the extra $1250 is going to “destroy” EV demand?
LMFAO
The wheel upgrade on a Tesla model 3 costs AUD$2900 iirc.
Pick a paint colour for AUD$1500 iirc.
Many people are more than happy/able to eagerly tick all sorts of “expensive” options on their vehicles, regardless of make, so imo it is nonsense to claim that a matter of $1250 is going to “destroy” demand.
Extend the maths to $75k/t or for larger battery packs, and it’s still “only” $2500 per car “more” than what it would be at $25k/t.
What’s that, about one year of petrol savings?

It seems critical thinking is a lost art these days!

Imo
DYOR!

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another offset, (and I make no claim to researching this) I feel sure that an EV motor and drive chain would be much cheaper than an ICE and multi speed transmission

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another offset, (and I make no claim to researching this) I feel...

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