Post by
Will101 on Apr 16, 2024 9:55pm
A world awash in batteries
BNEF is tracking 7,9TWh of annual manufacturing capacity ar end 2025, and they are forecasting an annual demand for EV's of close to 2TWh......
China by itself could manufacture all the batteries for all EV's sold in the world by then.
so the question is: What is GRA competitive advantage, can they sustain it, and are they too late now to tve battery game?
i certainly do not have the answer, but as they delay and delay the announcement, the opportunity cost keep climbing in all sort of ways.
So i am not convinced that batteries are a plus now, competitive pressure and too much capacity will certainly put pressure on prices.
It is the China plague like in solar panels.
Anyway, i am not as excited about the battery option even though i still believe in the potential of graphene.