The economics of cheaper batteries
Not sure where Boomberg is getting its digits.Wholesale price for LFP cells in China has been stably below $100 per kwh for like 5 years.The only problem is getting to those wholesale quantities.All major LFP cell makers seem to run a cartel to cut off small distributors from preferential pricing. Anything you can buy in small wholesale is at least 2x the price of what companies making EVs are getting.Once upon a time good offers like these https://item.taobao.com/item.htm?id=599076665397 come up, and then vanish.