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China cracks cheap lithium production in electric car breakthrough

8 pointsby ubasualmost 6 years ago

1 comment

woodandsteelalmost 6 years ago
This is not nearly as important as you might think. That's because lithium is only a very small part of the cost of a lithium-ion battery. Most of it is production expenses. These have been dropping steadily (the price of li-ion batteries went down 35% in the last year alone) due to improved design, more efficient manufacturing technologies, and economies of scale.