Why (we think) battery prices won’t get any lower
There’s no denying that the big investment banks, particularly those led by analysts based in the US, are down on EVs at the moment. To read some of the research coming out of these banks (many of whom have been perennial EV bears anyway) one would think that the EV event is all but over. It’s true that many new EV makers are making big losses on vehicles. But, as we noted in last month’s BMR (The Future: When do startup EV manufacturers turn a profit?), that’s mostly down to their high fixed-cost bases. We think that many EV startups...
Topics
Cells
China
Cobalt
cost breakdown
EVs
Lithium
Manufacturing
Nickel
Packs
Profitability
