Thanks. This is an a lot of information. I don't understand it all, but appreciate you giving the reasons why you like LG. however, I'm less than convinced that the long range future for (large) batteries is good. I think the EV market is peaking and also the renewable grid size backup battery market won't keep growing at the previous rate. The subsidies cannot continue forever.
Subsidies may not last, but battery demand is growing beyond EVs. ESS, micro-mobility, drones, and more are emerging markets. Battery costs are decreasing and will continue.
Thanks. This is an a lot of information. I don't understand it all, but appreciate you giving the reasons why you like LG. however, I'm less than convinced that the long range future for (large) batteries is good. I think the EV market is peaking and also the renewable grid size backup battery market won't keep growing at the previous rate. The subsidies cannot continue forever.
Subsidies may not last, but battery demand is growing beyond EVs. ESS, micro-mobility, drones, and more are emerging markets. Battery costs are decreasing and will continue.