[scarab92]

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]

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.