Battery Prices and Lithium Futures

Dean Sigler Electric Powerplants, Sustainable Aviation Leave a Comment

EV World has a weekly email update to which your editor subscribes.  Because they provide a collection of articles and opinions from different sources, one often comes away questioning trends and even facts – or sometimes the meaning of it all. This week, an article referenced from Green Car Reports says that EV batteries may already have fallen to $250 per kilowatt hour.  This would be a godsend for sales of battery-powered cars, because sticker prices would drop sharply.   The article quotes Wolfgang Bernhart, a partner at Rolan Berger Strategy Consultants, that battery prices are already much lower than previous predictions would have indicated, possibly as low as $250 per kilowatt hour.  His analysis credited economies of scale for this …