ARB is clearly a rip off. Production costs of Tesla batteries is about US$100/kwh and packaged around US$120/kwh and dropping with lots of other producers not far off that price. Not sure on the capacity of this deep cycle battery but say its 2kwh (pretty big), than you got a 5-10x markup/inefficiency here. That market likely needs more competitors selling these batteries.
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- Morgan Stanley forecasts 30 per cent drop in lithium prices by 2025
Morgan Stanley forecasts 30 per cent drop in lithium prices by 2025, page-57
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