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Future Tesla Battery Technology and Pricing

Lithium Ion batteries can get three times cheaper than current average prices of about $180 per kwh to about $50-60 per kwh. This will be from improving processes going to the Tesla-Maxwell dry cell technology and with improved energy density and increasing the volume and other manufacturing efficiencies. The global automotive lithium-ion battery market could reach about $95-100 billion per year by 2030. A Cleantechnica analysis of the Tesla Cybertruck seems to show an implied 45% improvement in battery prices to about $100-110 per kwh by 2021. $94 per kwh is the pricing expected in 2024 by Bloomberg New Energy

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