Global EV battery oversupply could help Slate get better batteries deal

[catiare]

This should help Slate get a better deal for the batteries. Even offering just one pack (the 240-mile version) for the lowest price tier. One can dream.

 

[ScooterAsheville]

They've announced they're looking for a new supplier. The ironic thing is that all that battery capacity is being sucked up for utility scale batteries. One person's loss is another person's gain.

 

[Letas]

Unlikely it will move the needle much- these mfgs are going to shift their product to secondary storage units.

 

[jesse boyd]

They've announced they're looking for a new supplier. The ironic thing is that all that battery capacity is being sucked up for utility scale batteries. One person's loss is another person's gain.

Utility scale is LFP, not NMC. It’s the NMC capacity that’s in excess and should see declining prices. Good for Slate prices, doesn’t matter for utilities.

 

[jesse boyd]

Unlikely it will move the needle much- these mfgs are going to shift their product to secondary storage units.

These aren’t LFPs. NMC is mostly an EV play. Should see some good price declines.