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Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.


GREY:NMKEF - Post by User

Post by Tcheckon Nov 26, 2019 7:49am
109 Views
Post# 30392389

when the price is right we all will be driving EV s

when the price is right we all will be driving EV schevrolet bolt ev has a 60 KWh battery

the indicated current price stands at $209 per kWh, on the pack level.

The price provided by BNEF is 24% lower than one given a year ago, and just about a fifth of what it was in 2010.

But the good news doesn't end there. It's expected that by 2025 battery prices will decrease below $100 per kWh on the pack level.

That should enable the selling of plug-in electric vehicles without a premium, but still with all the benefits of cheap energy to drive.

"That’s a magic number for the electric car business. According to BNEF analyst James Frith, $100 is widely seen as “a tipping point in the adoption of EVs.”

"The price estimates are based on a BNEF survey of more than 50 companies, and their decline reflects a rise in battery manufacturing and “the economies of scale that come with it,” the report shows. Developers of stationary storage systems -- like the kind that back up rooftop solar panels -- can expect to pay 51 percent more than automakers because of much lower order volumes."

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