“The cost of CATL’s cobalt-free lithium iron phosphate battery packs has fallen below $80 per kilowatt-hour, with the cost of the battery cells dropping below $60/kWh, the sources said. CATL’s low-cobalt NMC battery packs are close to $100/kWh. Auto industry executives have said $100/kWh for battery packs is the level at which electric vehicles reach rough parity with internal combustion competitors.”
Source: Exclusive: Tesla’s secret batteries aim to rework the math for electric cars and the grid
Leave a Reply