Comment by DennisP
3 days ago
That seems unlikely since they can use the same factories and the raw material cost is significantly lower.
3 days ago
That seems unlikely since they can use the same factories and the raw material cost is significantly lower.
It's not panacea. Only lithium vs sodium is cheaper and they can use lower grade graphite which is just slightly cheaper (overall 30% reduction). Rest is same while it's a new manufacturing process. Meanwhile 99.99% production is focused and will be continued focused LFP.
That entirely depends on how large the market for stationary storage is going to be. On top of the price, sodium has advantage of being safer and usable in wider temperature range.
Who in their right mind would pay 40% more to pick a dangerous and fussy product just because it's a bit smaller and lighter for their home?
Sodium is obviously better option even for cars in very cold climates (which is somewhat of a niche (tho lfp cold gates even in mild climates)) and IMO CATL et al will charge premium for this while they can.
But initial claim was “fraction of the cost, tomorrow” which is super incorrect.
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