Any base on those claims that batteries aren’t going to get cheaper? They have been for 15 years. There is still progress to be made. There are LFP that get rod of cobalt. There are sodium batteries in testing that will reduce lithium demand.
Their claim about lithium being rare is nonsense as well. There’s no lithium shortage, there’s more a shortage of refineries and battery packaging plants (which means by building more, batteries will continue getting cheaper) and other rare earth metals, which is more of an issue, but like you say, the harder to source ones are being phased out of battery design.
I’m basing it on 5 years of reading new battery tech press releases that don’t come to anything because the math doesn’t work out. Maybe in another five years some of them will work out. As countries start ramping up ev production I worry about lithium production. We’ll see if the sodium batteries pan out. So honestly not that well informed 😂
Any base on those claims that batteries aren’t going to get cheaper? They have been for 15 years. There is still progress to be made. There are LFP that get rod of cobalt. There are sodium batteries in testing that will reduce lithium demand.
Their claim about lithium being rare is nonsense as well. There’s no lithium shortage, there’s more a shortage of refineries and battery packaging plants (which means by building more, batteries will continue getting cheaper) and other rare earth metals, which is more of an issue, but like you say, the harder to source ones are being phased out of battery design.
I’m basing it on 5 years of reading new battery tech press releases that don’t come to anything because the math doesn’t work out. Maybe in another five years some of them will work out. As countries start ramping up ev production I worry about lithium production. We’ll see if the sodium batteries pan out. So honestly not that well informed 😂