Brain Surgeon, Dr. Lyle Dennis of Gm-Volt.com, cracked open my mind today (I didn't feel a thing and was actually awake the whole time) to a report from a trio of analysts at Deutsche Bank claiming greater optimism for the future of electric vehicles including primarily that the price of batteries "appear to be coming down faster than we expected." The sharper decline in pricing "implies potential for more rapid EV penetration," according to the report.
I would like to echo what the astute seers--Rod Lache, Dan Galves & Patrick Nolan-- from Deutsche Bank have pointed out for us with one slight modification. Not only will the price of lithium ion batteries continue to fall--in my opinion--but they will soon enough become more worthless than dirt. Dirt, as you know, has many uses and for the most part, you don't have to pay any fees to dispose of it as it just sort of stays where it is. Lithium ion however, is a toxic substance. Accordingly, I predict that the introduction of the EEStor EESU into the market place will rapidly turn lithium ion assets into toxic liabilities....worth less than dirt, when you factor in the appropriate regulations that should eventually be introduced to keep them away from the water table.