Comments on: LG Chem Confident About Volt Launch Date

By: fas

fas — Fri, 24 Apr 2009 18:29:56 +0000

Its quite surprising that GM is not confident about the launch of the Volt but there you go, LG is!

By: Dave G

Dave G — Fri, 24 Apr 2009 02:55:31 +0000

#69 carcus1 Says: Lithium-ion Batteries: 9 Years of Price Stagnation
http://seekingalpha.com/article/129570-lithium-ion-batteries-9-years-of-price-stagnation
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The premise of this article is that Li/Ion car battery costs should come down over time. I believe this is a false premise.

Costs go down when sales volumes increase. There are still no mass production cars with Lithium-ion Batteries.

By: noel park

noel park — Thu, 23 Apr 2009 17:25:04 +0000

#70 Frank B:

Wow! What’s that about? Does anybody know?

By: Frank B

Frank B — Thu, 23 Apr 2009 16:34:47 +0000

Just as a side note, LG Chem stock is up $26 today (Thurs), now trading over $90. Maybe LG Chem should buy GM.

By: carcus1

carcus1 — Thu, 23 Apr 2009 16:33:18 +0000

If anybody’s still reading . . . . .

Lithium-ion Batteries: 9 Years of Price Stagnation
http://seekingalpha.com/article/129570-lithium-ion-batteries-9-years-of-price-stagnation

/ I’m not saying I agree with the article. I just found it and the comments interesting, worth the read, and relevant to this thread.

2 big potential errors ( I got tired of trying to verify) in this report that commentors pointed out:
1. 80% of total battery cost is materials (developing vs mature technology)
2. absence of Lifepo4 batteries in original referenced report.