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Think record high battery metals prices are great news? – Stockhead
Carmakers and analysts warn that rising prices for lithium, cobalt, nickel, and rare earths could delay the point at which electric vehicles compete with internal…
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Carmakers and analysts warn that rising prices for lithium, cobalt, nickel, and rare earths could delay the point at which electric vehicles compete with internal combustion engines (ICE) on cost.
The average cost to produce a lithium-ion battery cell fell from $US290/kWh in 2014 to $US110/kWh in 2020, according to Benchmark Mineral Intelligence.
In December last year, lithium-ion battery pack prices — about 21 per cent of the total cost of an electric vehicle — were reported…
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