Vehicle Electrification is real.
Lithium and cobalt are proven tech at the moment.
Solar and wind energy cost is getting lower and lower.
Now important issue is with storage for uninterrupted service. And solution is cheap battery and we are heading there.
FYI: The price of large orders for mainstream lithium ion battery cells has fallen to $139/kWh, Sam Jaffe, Managing Director of Cairn Energy Research Advisors explained to institutional investors on the Benchmark World Tour 2017 in New York.
While lithium ion battery prices can still range significantly, large orders from major electric vehicle manufacturers are fast approaching the $100/kWh mark. The question still remains: at what profit, if any, are the battery manufacturers making on this?
“The journey to the mythical $100 per KWh has sped up in the last few years and we’ll definitely arrive by 2020,” Sam Jaffe told delegates at Benchmark Mineral Intelligence’s third annual world tour hosted at UBS’ HQ in New York city. http://benchmarkminerals.com/lithiu...-new-york-hears-on-benchmark-world-tour-2017/
