Experts: Tesla’s Battery Day to Reveal New Tech, Future Challenges

Sep 28, 2020

Dear Investor,

September is shaping up to be a busy month for battery metals-focused investors, with expectations building up around Tesla’s long-awaited Battery Day.

There are multiple reasons why investors should care about Battery Day, but for Benchmark Mineral Intelligence’s Simon Moores, the first thing market watchers need to understand is that lithium-ion batteries are the number one differentiating factor for EVs.

“We don’t believe investors have yet priced in the importance of owning major battery capacity and truly understanding battery chemistry,” he told INN via email ahead of the event. “Automakers need to keep their costs consistently below $100/kWh. This can be achieved by controlling the production process and by managing the raw material price volatility.”

For Moores, incremental improvements of 3 to 5 percent over six or seven areas in both cell manufacturing and cell chemistry will add up to a significant jump forward.

What’s ahead for the battery metals sector and is now the time to invest? Learn more with our FREE 2020 battery metals outlook report today!

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The Battery Metals Market in 2020