Wow, that is already cheap. I can understand why they won't pass safety standards though. They probably used substandard materials, to make it that cheap. If they can make the battery cheaper, then it will be easier to lower the cost of EVs.
Wow, that is already cheap. I can understand why they won't pass safety standards though. They probably used substandard materials, to make it that cheap. If they can make the battery cheaper, then it will be easier to lower the cost of EVs.
Battery costs dropping are going to factor in down the road. There are other things that will also come into play such as manufacturing breakthroughs.