this post was submitted on 13 Apr 2024
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China Already Makes as Many Batteries as the Entire World Wants (www.bloomberg.com)
submitted 7 months ago by [email protected] to c/[email protected]
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[–] [email protected] 10 points 7 months ago (1 children)

Great to see prices coming down!

[–] [email protected] 2 points 7 months ago (1 children)

I'm waiting for the day an ebike is only slightly more expensive than a normal bike with the same quality of parts (or cheaper even due to economies of scale). I don't think that day is too far off.

[–] [email protected] 4 points 7 months ago

Wouldn't that indicate that bikes currently have a larger markup than needed?

[–] [email protected] 5 points 7 months ago

They knew exactly what they were doing when they encouraged Western Capitalists to all outsource there, now they've captured the market using Capitalism's natural traitors.

[–] [email protected] 4 points 7 months ago

Looks like a lot more grid storage will end up coming online.

[–] [email protected] 4 points 7 months ago* (last edited 7 months ago)

Hooray! Let's start building grid storage! I hear California really needs batteries.