Re:Rivian valued at over $100B after biggest IPO of 2021
by jgalt212 on Wednesday November 10, 2021 @04:06PM
(#29180792)
> The battery is still one of the more expensive components and it is only going to get cheaper.
That's a forward looking statement. To make it even more interesting is that CPI just clocked in at the highest rate in 30 years. That's not to say that battery prices will correlate 1:1 with CPI, but accelerating CPI does not bode well for any supplies getting cheaper in the future.
That's a forward looking statement. To make it even more interesting is that CPI just clocked in at the highest rate in 30 years. That's not to say that battery prices will correlate 1:1 with CPI, but accelerating CPI does not bode well for any supplies getting cheaper in the future.