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Message: Battery Wars

The world’s biggest automakers are all focused on what many consider to be the holy grail of battery technology, solid-state batteries.

https://oilprice.com/Energy/Energy-General/The-Latest-Breakthroughs-In-The-Battery-War.html

With the global electrification drive in full swing, electric cars have constantly been improving in terms of mileage, performance, charging time - and costs. And, Wright's law has so far proven to be right. According to Wright's Law, aka the learning curve effect, lithium-ion (Li-ion) battery cell costs fall by 28% for every cumulative doubling of units produced. The battery pack is the most expensive part of an electric vehicle, and the sticker prices of EVs have been falling along with declining battery costs. By 2023, the cost of Li-ion batteries is expected to fall to around $100/kWh - low enough for EVs to achieve price parity with their gas-powered brethren.

Taken from Lithium Americas Agoracom board.

Electrovaya seems to be well positioned with it's solid state cell.

 

 

 

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