this post was submitted on 01 Apr 2026
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Battery costs have declined by 99% in the last three decades, making electrified transport a reality (ourworldindata.org)
submitted 2 days ago by Beep@lemmus.org to c/technology@lemmy.world
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Batteries have become much cheaper, making energy storage far more affordable.

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[–] boonhet@sopuli.xyz 3 points 22 hours ago

Are they hurting? They still made a massive amount of profit, it's just that their lead is shrinking. They're still the biggest EV manufacturer by far, though Geely could catch up in a few years.