Said, “Each EV has about 5000 dollars (Au?) In it.”
Well, the battery pack is about a hundred dollars US per kWh or about $7500.00 per vehicle. It’s hard to believe that the raw material costs make up well over half of the cost of an EV battery pack.
Then he said Denholm noted that the cost of the materials makes up most of the battery costs, and the cathode is the most expensive part and the majority of the fixed costs comes from the nickel and lithium.
He was saying some odd sounding word, and after listening to it a bunch of times I finally figured out he was mispronouncing spodumene.