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What makes sodium-ion batteries so much cheaper than LFP batteries? Isn’t lithium only about 15% of the cost of an LFP cell to begin with?
by scarab92 11mo ago
What makes sodium-ion batteries so much cheaper than LFP batteries?
Isn’t lithium only about 15% of the cost of an LFP cell to begin with?
- MagnumOpus 11mo agoThat is very very variable. In the last five years, raw lithium carbonate world market prices have been swinging from $10/kg to >$70/kg and back. So right now LiFePo is getting cheaper, but if lithium explodes in price again, battery prices will rise too.