EV LFP Battery Worth Warfare at Much less Than $56 per kWh Inside Six Months
CATL has new rectangular LFP batteries. The LFP EV battery worth will likely be lower than $56 per kWh inside six months. It’s a larger rectangular battery with each being like six Tesla 4680 batteries.
The LFP battery worth in China is presently $70 per kWh.
China’s EV makers (CATL, BYD) are concentrating on two 0.1 rmb drops ($14 per kwh every). Every 0.1 rmb drop is US$840 for an entire 60 kWh pack.
The worth is heading to $36 per kWh as early as subsequent yr.
They EV LFP battery costs at first of 2023 have been $110-124 per kWh.
Tesla ought to be saving about $2000 in battery prices proper now in comparison with final yr. Tesla will likely be saving $800 in LFP battery prices inside 6 months and one other $800 inside about 18 months.

Brian Wang is a Futurist Thought Chief and a preferred Science blogger with 1 million readers monthly. His weblog Nextbigfuture.com is ranked #1 Science Information Weblog. It covers many disruptive expertise and developments together with Area, Robotics, Synthetic Intelligence, Drugs, Anti-aging Biotechnology, and Nanotechnology.
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