Old Energy Left Behind — Equivalent of 7 Gigafactories Already Under Construction; Tesla Plans 10-20 More — GarryRogers Nature Conservation

“According to news reports, the big-ramp up in battery production has already driven prices down to $140 dollars per kilowatt hour. That’s a major drop from around $550 dollars per kilowatt hour just five years ago. An amazing trend that is expected to push batteries for electrical vehicles down to below $100 dollars per kilowatt hour by or before 2020, and to around $80 dollars per kilowatt hour not long after.” –Robert Scribbler.

via Old Energy Left Behind — Equivalent of 7 Gigafactories Already Under Construction; Tesla Plans 10-20 More — GarryRogers Nature Conservation