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.
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.