from Hacker News

China cracks cheap lithium production in electric car breakthrough

by ubasu on 6/1/19, 9:40 PM with 1 comments

  • by woodandsteel on 6/1/19, 10:57 PM

    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.