Interesting comments by the board member.
A general consensus is that the Li Batteries are improving in efficiency through technological enhancements at the rate of 5-7% each year - so in 4 years (compound) the battery packs could be 30% smaller ie cost 30% less - but deliver the same range and power..
https://phys.org/news/2016-10-method-energy-density-lithium-batteries.html
Making for a lighter cheaper EV car - not so sure about the never ever claim - maybe trying to get people to buy the remainder of their ICE vehicles before they swap over to mainly EV production? Or am I Morgan Stanley cynical?
SK60
re:Lithium demand surge, page-49
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