lithium-ion batteries

“They went down 89% between twenty-ten and twenty-twenty from pack prices above 1100 dollars a kilowatt hour down to around 140 dollars a kilowatt hour.”

“But on the entire list, the biggest price increase was for lithium, both lithium bicarbonate and lithium hydroxide, the two different formulations used in lithium ion batteries. Prices rose between 304 hundred percent in both cases last year, and they've only …”

“I'm probably not the world's greatest expert on this question, but I think the fundamental thing that drives these learning curves is sort of manufacturability. Like, can you scale up manufacturing of the thing at, by number, not just by scale? So in the conte…”

“Lithium prices have risen fivefold since April of last year. Nickel is also a particular concern because Russia supplies 10% of the world's nickel, and that's another key component in lithium ion batteries.”

“Whether you're talking about nine, 19, or a hundred seat aircraft, you require at least a doubling of current battery technology, and that's really a significant increase, especially when you're thinking about just lithium ion batteries. That is close to sort …”

“So many of them flow through China because of its dominance of solar panel manufacturing, its dominance of lithium ion batteries, etc.,”

“The weighted average pack price for lithium ion batteries went up year on year last year. So 20, 21 actually came very, very close to going up. If you hadn't used full year data, it would have been close. But last year, the weighted average pack price was up a…”

“The top 10 manufacturers of lithium ion batteries are all based in Asia. Which is pretty interesting. So not all based in China. So this is the interesting dynamic about battery manufacturing at the moment. It is, yes, CATL, which is a Chinese company, is the …”

“I think it is reasonably safe to assume that we're going to get at least a 50% improvement in lithium ion battery density for high performance batteries in the next, let's say, five to 10 years.”

“Cost of batteries to some degree, although I think we have increasing confidence that cost of batteries is not going to be the constraint on basically electrifying any class of vehicle, but density of batteries definitely does matter.”

“We're talking about, you know, maybe Two times for compressed hydrogen, maybe up to three times for liquid hydrogen relative to the volumetric density of lithium ion batteries.”

“I've, you know, watched and talked to dozens of companies and founders, and I think Oftentimes making the same mistake as they were trying to commercialize some kind of better mousetrap for energy storage, which is they underestimated the pace at which the cos…”

“I think, you know, unfortunately, we're probably going to see prices increasing, you know, moderately in, in the next kind of year or so, I would say, or kind of, let's say two years out, we'll probably see higher prices than we're at today. But I don't think,…”

“Lithium-ion batteries we have today are kind of good enough from a range standpoint, so like, it would be cool to have a thousand watt-hour per kilogram battery, but not at four times the price. Like, I just don't, I think that would not get traction in the EV…”