China is the center of lithium ion battery tech nowadays. I’ve recently seen that they managed to bring down battery prices by 50% in the last two years and their EVs are cheaper than combustion based alternatives for 2/3 of models being sold.
Agreed on all points but I have trouble believing that with this economy of scale there would be no money being pumped into R&D and in time some results of that.
China is the center of lithium ion battery tech nowadays. I’ve recently seen that they managed to bring down battery prices by 50% in the last two years and their EVs are cheaper than combustion based alternatives for 2/3 of models being sold.
Economy of scale is different from groundbreaking novel developments in the field.
China is also the runaway leader in false discoveries and purposeful fraud in academia.
Agreed on all points but I have trouble believing that with this economy of scale there would be no money being pumped into R&D and in time some results of that.
Fair enough. Time will bear out the truth.