Alchemist, up 12 post you see the deal between LG and Hyundai. $1B plant in Indo.
These batteries will like NCMA (like Ulthium batteries), possibly for Hyundai.
Ni $ 18/kg
Co $ 55/kg
Mn $ 4/kg
Al $ 3/kg
Moving from NCM811 ($20/kg) to NCMA ($19/kg) doesnt make a huge difference in price (may be 5% cheaper as there is less Co). The prices of the cars will be the same, i.e. buying a Nissan Leaf for a price of a Lamborghini....
The games changes when the NM batteries kicks in (Tesla, VW...), as the price will reduce 40% for N:M 66:33; or better 60% (for BASF NM 370) if they make that happen. Do you trust the Germans?..... I do.
PS: Renault is now partnering up with VUL for Zero Carbon Lithium. Anyone out there for Zero Carbon Manganese?
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