"The Tsunami of Demand is coming" “The tsunami of demand is coming,” said Sam Jaffe, vice president of battery solutions at E Source, a research firm in Boulder, Colorado. “I don’t think the battery industry is ready for it.”
The price of EV battery cells has declined in recent years as production rose around the world. Battery cells currently cost $128 per kilowatt-hour on average, and by next year could cost around $110 per kilowatt-hour, E Source estimates.
