Lithium Battery Prices Dropping Faster Than Predicted

Thumbnail - TIKI LIFE“Let’s go invent tomorrow instead of worrying about what happened today.” ¬†Steve Jobs, American pioneer of the personal computer revolution

 

 

 

Over at CruisersForummastervolt battery I like to post a lot of threads on emergent technologies. Now, you and I know that Lithium batteries (of all formulations) are not exactly emergent but in the boat world they are still very niche.

Very few folks are using lithium based batteries to power their boats. I’ve been a huge advocate that lithium will become practical for cruisers in the next 3 to 5 years because the most expensive part of the implementation (besides labor) is about to become the cheapest. Its a fact…¬†lithium battery prices dropping faster than even the most optimistic projections.

The argument against most technology in the marine space is that new technologies will “never work in a marine environment” or that they will never become practical in our lifetimes. Well, this may be true for some technologies but modern breakthroughs progress from inception to production to consumption lightening fast these days. This is occurring because companies that fund these projects have gotten very good at moving new technologies through the development and supply chains faster and faster to ensure their competitiveness. They use and promote technological darwinism internally very effectively – you may have a great new technology but if you can’t get it out the door fast enough they have ten other technologies that can.

Today, an article was published in Ars Technica that outlines just how fast lithium is dropping in price…

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