Hi
I appreciate the overview on battery prices falling.
One aspect that is difficult to capture is the increasing value.
Some example come to mind.
Charging speed. Batteries supporting 124 miles added in 5 minutes are becoming common. Trending to 125 miles one minute. Of course new EVs and the charging infrastructure need to support this so there is a lag in perceived and experienced value.
Battery life. The warranty of CATL and their bus manufacturer partner is now 900,000 miles or 15 years. The same LFP battery sold in EVs has an expected life of 1,200,000 miles. If EV manufactures increased the EV battery warranty to 250,000 miles or 12 years that would increase the resale value of EV and perceived value of new EVs.
Battery life potential has been proven to support 5,000,000 miles expected life. A solution to a major battery failure design flaw has a solution.
What would a battery recycle at end of life to a new EVs mean in terms of cost?
Should we track battery cost per mile? Battery cost per EV (if reused 5 times)?
Of course how these factors play out in the market is not as clear as battery cost in EV price.
Other values improving include better performance in cold and hot weather and, soon vehicle to grid value.
I don’t know how this improving value per EV dollar will affect market share but I am guessing they are significant