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"If the USA does not reach $20/kWh, then the Chinese or Europeans will.
The race is on, and winner(s) get the big dollars, euros, etc."

Despite a hundred million a year, the average cost of a car in the US is over $20,000 and goes UP each year despite massive demand.

The cost curve is coming down......but so far, there haven't been 'breakthrough' technologies despite 30 years of trying.

Lots of 'it works great in the lab' but not able to scale it up or reproduce it for mass production.

I've seen a dozen new super low cost EVs get announced and die on the vine before production.....

I've seen a dozen 'battery companies' go out of business.

Solar panels? Half a dozen companies had 'the ultimate' design for super low cost...that failed miserably.

Batteries have been around for 200 plus years...... long before cars.......

It's not Moore's's an electrochemical reaction and 'energy density' , discharge/charge cycles, recharge time and a half dozen other factors complicating the mix.

Right now, batteries are made up of hundreds or thousands of individual little 'cells' connected in series/parallel.

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