The Days of Falling Battery Costs Could Be Over

For the first time in a decade, battery prices are projected to rise in 20 22. Professor brad cornell at c l a says that e v battery manufacturing will be severely constrained. Lithium comes from australia and chile and china. Most of the processing of these elements is done in china. We've already seen tremendous price increases in lithium. According to s and p global prices for the metal rose over 480%. That's created major headaches for car makers like tesla. Procesing of lithian is int sane. You can't lose it's a license pemine.