First principles battery
-
what are the materials constituents of batteries
-
what is spot market value of the material constituents
-
Cobalt, nickel, aluminium, carbon and polymers for separation and steel can.
Break that down on a material basis and say okay if we bought that in London metal exchange, what would each of those things cost. Its $80 per kilowatt hour
You need to think of clever ways to take those materials and combine them into shape of battery cell, and you can have batteries that are much much cheaper then anyone realizes.