lithium ion battery pack Charge Of The Lithium-Ion Battery Brigade

The decline in energy storage prices will result in a sharp drop in battery prices and a chain reaction across the entire range
A wide range of industries and society itself.
For example, cheap batteries using electric vehicles can cause major innovation disruptions in industries ranging from transportation to electricity to oil.
According to the bottom-
The "should cost" model developed by McKinsey, the price of a complete car lithium --
The ion battery pack could drop from $500
Today is $600 per kilowatt hour, about $200 per kilowatt hour by 2020, and about $160 per kilowatt hour by 2025. With U. S.
Gasoline prices are hovering around $3.
$50 per gallon and a battery that costs less than $250 per kilowatt hour will make electric cars more competitive overallcost-of-Basis of ownership.
The speed of adoption depends on more factors than the price, such as macroeconomic, regulatory, customer preferences, performance and reliability of the vehicle.
These cheaper batteries can stimulate further innovation in other technologies, such
Over the next decade, the broader economy of internal combustion engines and transportation has been reshaped.
McKinsey's model suggests that three factors could accelerate the day when electric vehicles become more attractive alternatives --cost-of-
Ownership base of vehicles driven internally
Internal combustion engine.
Many innovations that reduce the price of lithium in cars --
In fact, ion batteries will be implemented first in other areas, especially in consumer electronics.
The execution of the battery is intense.
Now, let's take a look at some of the companies that offer good investment potential in the value chain.
Disclosure: I do not have a position in any of the stocks mentioned, nor do I have a plan to start any position in the next 72 hours.
This article was written by myself and expressed my views.
I have not received compensation (except for Seeking Alpha ).
I have no business relationship with any stock company mentioned in this article.