2min chapter

Shift: A podcast about mobility cover image

McKinsey’s Eric Hannon on the auto industry’s path to net zero (Episode 147)

Shift: A podcast about mobility

CHAPTER

The Cost Downs in Automotive and Batteries Are Going to Continue

Batteries, just like everything else, all other raw materials right now are experiencing inflationary pressure. But I wouldn't underestimate the massive costs down in batteries that we have seen over the last decade. That exponential cost down of 90% is not, we're not going to be able to continue that rate of cost down forever. So we are going to start to level out over the next decade.

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