<story><title>Electric vehicle battery prices are falling faster than expected</title><url>https://www.goldmansachs.com/intelligence/pages/electric-vehicle-battery-prices-falling.html</url></story><parent_chain></parent_chain><comment><author>hristov</author><text>This is very good news. Now I would like to see western car manufacturers lower prices of EVs in unison.&lt;p&gt;Remember how in the 90s the intel pc completely overwhelmed and completely destroyed several layers of computing competitors. Intel and their PC manufacturing bretheren did that by providing a decent quality product at the lowest price. Then they used the benefits of manufacturing scale to improve the price quality ratio to the point where the intel PCs were higher performance than even the fancy work stations that cost 10 times as much.&lt;p&gt;Well the chinese are about to do that with EVs. EVs are very similar to PCs in this respect, because they have a lot of potential for manufacturing efficiencies.&lt;p&gt;Western manufacturers (other than Tesla) should drop their prices and try to get to scale as soon as possible. Tesla is at scale but it has a bunch of other problems. Elon should stop his public stage embarrassments (latest having to do with antisemitism and neo nazis) and should concentrate on making cars people like.</text></comment>
<story><title>Electric vehicle battery prices are falling faster than expected</title><url>https://www.goldmansachs.com/intelligence/pages/electric-vehicle-battery-prices-falling.html</url></story><parent_chain></parent_chain><comment><author>hshsbs84848</author><text>“Goldman Sachs Research estimates the EV market could achieve cost parity, without subsidies, with internal combustion engine (ICE) vehicles around the middle of this decade”&lt;p&gt;That would be quite the milestone&lt;p&gt;I’m curious at what point it will flip and EVs become cheaper than ICE</text></comment>