"Our analysts estimate that almost half of the decline will come from declining ... | Hacker News

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		fma on Nov 18, 2023 \| parent \| context \| favorite \| on: Electric vehicle battery prices are falling faster... "Our analysts estimate that almost half of the decline will come from declining prices of EV raw materials..." Is Goldman confident this is a long term trend? I didn't see in their report that the decline in price is due to permanent increased supply or increased efficient extraction etc...

mech765 on Nov 18, 2023 [–]

I know that Tesla, for example, has either reduced or eliminated Cobalt from their batteries. Changing composition can reduce material cost.

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