Battery prices fall by 90% in the last 15 years

Italian OEM Seelence is planning to build its own giga factory to make the high energy fireproof Safe Li cells needed for its Deep Speed range of electric drives. The factory will insulate the company from supply chain issues expected as the EV market exp

Whilst the upfront cost of batteries for electric boats remains a major barrier to greater take-up, the good news is that prices have been falling steadily and are likely to continue to do so.

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