A Price War is Coming in this MarketIf the U.S. meets its target of 50% EVs by 2030, it will require 300 billion lithium-ion batteries—for EVs alone.And many of Tesla’s products require an order of magnitude more batteries than a Model 3.For example, The Tesla Semi will have an 850 kWh battery—requiring more than 10x the batteries in a Tesla car.A single Tesla Megapack can take 50 times the number of batteries as a car.And Megapacks are bundled together in the hundreds to form giant renewable energy batteries.To ensure a full supply for its manufacturing, Tesla expects to need one out of every three batteries produced in 2028.And nearly half of global battery production in 2030. In fact, Tesla plans to invest 3x more than every other EV manufacturer in batteries, combined.Got Lithium?
Lithium Related Media Articles, page-20038
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80.5¢ |
Change
0.020(2.55%) |
Mkt cap ! $1.952B | |||
| Open | High | Low | Value | Volume |
| 77.5¢ | 82.0¢ | 74.5¢ | $12.97M | 16.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 101850 | 80.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 80175 | 4 |
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