Throughout the modern history of electric transportation development, “green” enthusiasts have argued that as technology advances, the prices of “trains” will fall. As you know, about 40% of the cost of an electric car comes from a lithium ion battery pack. But despite lithium and nickel gradually rising in price, battery prices have not increased in recent years. And this was due precisely to the improvement of battery manufacturing technologies.

However, the rate of increase in the cost of chemicals has accelerated dramatically over the past two years. During this time, lithium has increased in price 10 times, nickel – almost 2. Next year, according to Bloomberg experts, the price of 1 kWh of energy will reach $ 152, for comparison – at the end of 2021 it was $ 132 . That is, a lithium-ion battery with a capacity of 85 kW / h (and they are available for Tesla Model S, for example) costs almost $ 13,000, and not $ 11,220, as it is now.

And with the lithium crisis just getting underway and likely to get worse and more expensive, prices could well go back to where they were a decade ago, when 1 kWh cost $1,000 to store. Consequently, prices for electric vehicles themselves will also creep up, which even now many cannot afford because of the too high cost.

In general, the desire for a “green” future is a dead end of development, as the AvtoVzglyad portal has always said. And the story of the rise in the price of lithium and nickel is further confirmation of that.

Throughout the modern history of electric transportation development, “green” enthusiasts have argued that as technology advances, the prices of “trains” will fall. As you know, about 40% of the cost of an electric car comes from a lithium ion battery pack. But despite lithium and nickel gradually rising in price, battery prices have not increased in recent years. And this was due precisely to the improvement of battery manufacturing technologies.

However, the rate of increase in the cost of chemicals has accelerated dramatically over the past two years. During this time, lithium has increased in price 10 times, nickel – almost 2. Next year, according to Bloomberg experts, the price of 1 kWh of energy will reach $ 152, for comparison – at the end of 2021 it was $ 132 . That is, a lithium-ion battery with a capacity of 85 kW / h (and they have Tesla Model S, for example) costs almost $ 13,000, and not $ 11,220, as it is now.

And with the lithium crisis just getting underway and likely to get worse and more expensive, prices could well go back to where they were a decade ago, when 1 kWh cost $1,000 to store. Consequently, prices for electric vehicles themselves will also creep up, which even now many cannot afford because of the too high cost.

In general, the desire for a “green” future is a dead end of development, as the AvtoVzglyad portal has always said. And the story of the rise in the price of lithium and nickel is further confirmation of that.