EV batteries

“What I think is the future is vehicle to grid. And the, if you truly do have a million mile battery, the idea that you can use the Not just to drive it, but as a stationary storage device while it's in the car, becomes a very real prospect.”

“So on a sell basis, our average EV price today for batteries is about a 140 dollars per kilowatt hour. It's gone up significantly because of the increase in the battery materials prices.”

“The value of these batteries is going to be more in the power than in the energy, and it's going to be more in the capacity than in the KWH, right? So you're gonna have, the value is that these things are gonna be available and, you know, maybe sometimes used …”

“LFP went from five percent of EV batteries in 2019, not that long ago, to 42%. In twenty-twenty-three.”

“I think the technical limitation can be overcome fairly readily. If the, if there's market signal that there's the value to overcoming that technical limitation.”

“So from a physical perspective they're usually almost new. And then from an electrical and electrochemical perspective we receive them when a customer might get frustrated with them, typically. So that's something like I've lost 20% of my range, or the acceler…”

“We think we can refurbish and deploy Gigawatt hours. Low single digit gigawatt hours this year, next year.”

“We don't have to choose, right? So we Typically we'll do both. We will send a battery out to a grid scale energy storage site to provide grid services when that is economically sensible, which is 95% of the time, and then we will go on to recover the metals va…”