Battery prices just fell off a cliff!

From Just Have a Think.

Lithium-ion batteries often get a bad rap in the media these days, blamed for high cost, unwanted fires and poor working conditions in the supply chain. But the fact remains that this chemistry provides the power for billions of devices around the world, from the tiniest pacemakers to the largest utility scale stationary energy storage, and the manufacturers are making great strides to improve their systems. So can they do enough to stay at the top of the pile?

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Check out the amazing infographics from the team at Visual Capitalist here :
Fossil Fuel mining
https://www.visualcapitalist.com/visualizing-the-scale-of-global-fossil-fuel-production/

Metals mining
https://www.visualcapitalist.com/all-the-metals-we-mined-in-2021-visualized/

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Research Links

Visual Capitalist – GREAT infographics
https://www.visualcapitalist.com

CATL cost reductions
https://thedriven.io/2024/01/25/worlds-largest-ev-battery-maker-set-to-cut-costs-in-half-by-mid-2024/

New BYD Family Car for just $16,500
https://cnevpost.com/2024/03/04/byd-launches-updated-yuan-plus/