China is the center of lithium ion battery tech nowadays. I’ve recently seen that they managed to bring down battery prices by 50% in the last two years and their EVs are cheaper than combustion based alternatives for 2/3 of models being sold.
Agreed on all points but I have trouble believing that with this economy of scale there would be no money being pumped into R&D and in time some results of that.
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Yup. I’d wait regardless of source, but it’s extra sus coming from a Chinese lab since they like to… stretch the truth sometimes.
China is the center of lithium ion battery tech nowadays. I’ve recently seen that they managed to bring down battery prices by 50% in the last two years and their EVs are cheaper than combustion based alternatives for 2/3 of models being sold.
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Agreed on all points but I have trouble believing that with this economy of scale there would be no money being pumped into R&D and in time some results of that.
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But also the center of bullshit stories & studies.