BYD aims to cut EV battery costs by 15% with its new Blade battery launching in 2025

Cao explained that the new unit promises to “enhance the driving distance of our vehicles.” The new Blade batteries will feature higher energy density and faster charging rates.

If this development comes to manufacture; EV pricing will drop.

Based on Moore’s Law and as shown in the chart, most analysts would conclude that lithium-ion batteries matured by 2005. After two decades of declining roughly 10% on average per year, lithium ion battery costs flattened out.

Most analysts are wrong,

battery prices are still dropping and expect another big drop as solid state batteries mature.
https://www.ark-invest.com/wrights-law

Tesla is lowering the cost of EVs by using the 4680 batteries as part of the structure of the vehicle instead of just being a load to carry.,

The Captain