Can EV Batteries Get Any Cheaper?

[Meredith Poor + 883]

Lithium is a constraint. Vast amounts of research are being done on alternatives, including zinc-air, magnesium, sodium, and so forth. There are all kinds of ways to store energy. There are also progressively cheaper ways of extracting lithium from brines or minerals. In the short term (like the next six months) there may not be much change. In the next five years, however, EV batteries will be a lot cheaper.

[Dan Warnick + 6,100]

43 minutes ago, Meredith Poor said:

Lithium is a constraint. Vast amounts of research are being done on alternatives, including zinc-air, magnesium, sodium, and so forth. There are all kinds of ways to store energy. There are also progressively cheaper ways of extracting lithium from brines or minerals. In the short term (like the next six months) there may not be much change. In the next five years, however, EV batteries will be a lot cheaper.

Well, let's hope so.  Batteries have been such a limiting factor for new tech in the last 10 years, not only in consumer batteries, but at the industrial level as well.  Think Boeing Dreamliner, and that was after 100s of companies were competing and many many billions of $$ being spent on R&D.  I mean, they have come quite a ways, but they all seem to have hit some hard physical limits once again that are extremely difficult to overcome.