Heads still in clouds about battery cost outlook?
The publication of BNEF’s Annual Lithium-ion Battery Price survey is always cause for much gnashing of teeth in this part of the UK, and this year was no different! While the survey was much-expanded this year and contains fascinating data about the recent trends in cell and battery costs, technology and development, it is the forecasts section that we routinely have an issue with. BNEF seems to routinely overestimate the magnitude of the decline in cell costs and this has major knock-on ramifications for the industry. We don't feel that underestimating cell costs is positive for the EV industry as...