The price drop on lithium-ion batteries is dramatic; about 5x in 10 years. See link below. Many areas of technology have experienced huge drops in price or the price has stayed about the same but the capability has increased. Computer are a prime example. Internet access is another. For example, I paid $45 per month for 1.2 megabits per second of internet access in 1998. In todays dollars that would be around $90. Today I pay $30 per month for 200 megabits per second. A 500x improve in price/performance in 25 years. Google is your friend.
Lithium-Ion Battery Pack Prices Hit Record Low of $139/kWh | BloombergNEF
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Originally Posted by Topspinmo
Price on anything will NOT drop in 10 years. Name one thing has has dropped from 10 years ago? I be waiting for answer.
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