IndeedIn that same timeframe, a dollar used to be worth 7 yuan, now it’s worth 6…
One of my friends is an exploration geologist, we've been laughing about cheaper EV's for about a year now.Price of Lithium per ton in China (2020) : 6500$
Price of Lithium per ton in China now : 22000$
Chart is price of a ton of lithium in CNY (Chinese currency)
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Yes, years ago they kept saying battery prices will go down....I bought my 280ah cells at $85 a piece and now they are over $150 each.....One of my friends is an exploration geologist, we've been laughing about cheaper EV's for about a year now.
It will all turn around with "economies of scale"bought my 280ah cells at $85 a piece and now they are over $150 each.....
Panel prices are going up also....the only thing going down is inverters.
There's about 200g/kWh in a LiFePO4 battery.Good thing the batteries don't have that much Lithium....
Yep, just like oil and gas....It will all turn around with "economies of scale"
Yeah, It's why I got mine from the local market (Used server batteries).I would if I could...
I placed two orders with different Chinese suppliers (for EVE 280ah cells), but both of them rejected because of sky high shipping rates (to the Middle-East) !
I really wanted to get more Lifepo4 cells, even though I don't have a need for them now, because I predicted prices would go up. But currently shipping costs even more than the cells!