Battery productions will skyrocket, and price will drop out of the sky | $20/kwh is coming |
BestInTESLA BestInTESLA
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 Published On May 28, 2020

Most important thing at battery day, is not the battery. ?
There has been a lot of talk about Batteries, and battery day. And that is because this is going to be a very important day, in the history of electric cars. But not only because of the new technology in batteries, but just as important, how we will make all these batteries the world is going to need.
Because the Car industry will need about 9TWH of batteries for all cars in the world to become electric. And that is just the cars.
Then we have all the powerwalls, and megapack, which is getting very popular because we have so many examples of what a good business case this battery power plant has been. This will also drive the demand for batteries up like crazy. And all this production will drive the price down just as crazy.
So let’s take a look at just how much production is needed, and why I do think that my predictions of the $20/kwh battery, is not crazy.
Let’s dive right in.


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