Christine Burns MBE 🏳️‍⚧️📚⧖ on Nostr: The cost of batteries used in EVs and home storage are apparently set to halve later ...

The cost of batteries used in EVs and home storage are apparently set to halve later this year, taking prices crashing below the long-awaited $100 per kWh to just $56$ per kWh. That knocks the cost of the 60kWh battery in a 250-300 mile car from around £8000 to closer to £3000 and should result in some EV models becoming cheaper outright than the comparable fossil fuel vehicle. What it likely means is a Chinese competition bloodbath.

https://youtube.com/watch?v=5cbm9Cz6OdQ&si=vvfSZ-RR1vEIZ7g9