Price Of Electric Vehicle Batteries To Fall As Manufacturing Capacity Outstrips Demand
The total worldwide manufacturing capacity of lithium-ion batteries for electric vehicles will greatly exceed supply unless demand by automakers increases significantly in the short-term, according to new research by Bloomberg New Energy Finance. As a result of the overcapacity, battery prices are poised to fall…
Link : http://www.pacetoday.com.au/news/price-of-electric-vehicle-batteries-to-fall-as-man
After the solar panel industry, it is the turn of the battery industry to get ito a crisis.
Is the renewable business a new bubble? What will be the consequences?