In the News

November 17, 2020

If This Battery War Is Successful, Electric Vehicle Prices Should Fall

Original article published in The Mobilist

Tuesday, November 17 – Steve LeVine

Batteries make up about a third of the price of an electric car, and at least half the battery’s cost is tied up in the metals inside.

One of the most prominent entrepreneurs attempting this recycling disruption is J.B. Straubel, Musk’s former right-hand man as chief technology officer at Tesla.

The overarching idea is to create something of a closed loop, in which batteries are continuously recycled, and the materials are fed back to battery manufacturers, then back to recyclers.