The four eras of the lithium ion battery: Simon Moores opens Giga USA 2024
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A decade ago, the battery sector was a 60 gigawatt-hour niche and battery cells averaged at $400/kWh. Fast-forward to 2024 and Benchmark is forecasting that 1.4 terawatt-hours of batteries will be produced this year. Battery cell prices have fallen to just $78/kWh and the industry is at the heart of a global energy transition. “Lithium […]