this post was submitted on 13 Apr 2024
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China Already Makes as Many Batteries as the Entire World Wants (www.bloomberg.com)
submitted 7 months ago by testeronious@lemmy.world to c/energy@slrpnk.net
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[–] rimu@piefed.social 10 points 7 months ago (1 children)

Great to see prices coming down!

[–] vividspecter@lemm.ee 2 points 7 months ago (1 children)

I'm waiting for the day an ebike is only slightly more expensive than a normal bike with the same quality of parts (or cheaper even due to economies of scale). I don't think that day is too far off.

[–] breakingcups@lemmy.world 4 points 7 months ago

Wouldn't that indicate that bikes currently have a larger markup than needed?

[–] antidote101@lemmy.world 5 points 7 months ago

They knew exactly what they were doing when they encouraged Western Capitalists to all outsource there, now they've captured the market using Capitalism's natural traitors.

[–] Wanderer@lemm.ee 4 points 7 months ago

Looks like a lot more grid storage will end up coming online.

[–] exocrinous@startrek.website 4 points 7 months ago* (last edited 7 months ago)

Hooray! Let's start building grid storage! I hear California really needs batteries.