What makes sodium-ion batteries so much cheaper than LFP batteries? Isn’t lithiu... | Hacker News

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		scarab92 22 days ago \| parent \| context \| favorite \| on: Sodium-ion batteries have started to appear in car... What makes sodium-ion batteries so much cheaper than LFP batteries? Isn’t lithium only about 15% of the cost of an LFP cell to begin with?

MagnumOpus 21 days ago [–]

That is very very variable. In the last five years, raw lithium carbonate world market prices have been swinging from $10/kg to >$70/kg and back. So right now LiFePo is getting cheaper, but if lithium explodes in price again, battery prices will rise too.

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