Quote:
Originally Posted by Angelo1
I hate to break the news to EV fans as I appreciate them as well. Heck, I love less noise rolling through the neighborhood. However, battery costs will never go down. When is the last time you’ve seen auto manufacturers drop prices. Anyone who thinks ev battery prices will decrease is a fool. You don’t understand the rare earth metals that are used and how expensive they are to strip mine…hence “rare”. Battery prices will only increase. Check this article out with comment from the IEA. Also, how is the electrical grid going to handle this influx of EVs? Good luck!
https://cheddar.com/media/evs-gobble...to-keep-up.amp |
Rare earth metals aren't rare. It's a historical misnomer. Please do some research before you parrot things. Also, the "rare" earths used in batteries are being mostly phased out. Lithium is the number one issue and the top 3 sources are Chile, Australia, and Argentina. China is 4th.