Toyota sees Tesla EV battery cost at 1/3
http://www.reuters.com/article/idUSTRE70A4QY20110111
"Toyota Motor Corp's top engineer said the batteries that would power the electric RAV4 crossover being developed with Tesla Motors could cost as little as one-third of the electric car batteries being developed by conventional automakers."
The problem with that is commodity cells have been in development for years and further price reductions are probably going to be smaller than the new larger automotive cells that are just starting to be built in volume and might have greater cost reduction potential. With easier assembly and management the larger cells don't have to be as cheap as the smaller cells to make assembled pack costs competitive.
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