InsideEVs reports that Nissan is rushing after Tesla as well to disrupt $8 Trillion Energy Industry with home battery storage making Solar power available 24/7. Competition will bring prices down very fast. Now we have active players like Tesla, LG Chem, Mercedes, Samsung, BYD, SAFT, GCL Poly among others in the lithium storage place. Nissan home battery 4.2 kWh unit is priced at $1071 per kWh installed, which is difficult to compare, but looks like much higher than GCL Poly priced at $394 per kWh or Tesla's 10 kWh PowerWall priced at $3,500, which comes to $350 before installation. Lithium is the magic metal at the very heart of this Energy rEVolution.
Lithium Technology And Energy rEVolution: How Much Land Would It Take To Power The Entire USA With Solar Energy?
"Tesla is making headlines in the West, but the real lithium story is happening already in the East. China is taking very seriously New Energy and Solar Power with Electric Cars are strategic industries under the military type planning and execution now.
China is already the largest lithium market in the world, taking on the lithium batteries leaders and will become the largest market for electric cars in the world this year. Lithium technology is at the very heart of it. Now we are talking about disruption of $8 Trillion Energy Industry after the explosive growth of electric cars disrupting $4 Trillion Transportation Industry.
Cheaper lithium batteries change everything. We can only guess how low the prices for lithium batteries will go in China. Now this GCL Poly system is priced higher than Tesla PowerWall at $394 per kWh. Tesla's 10 kWH PowerWall is priced at $3,5000, which comes to $350 per kWh. Tesla can already produce all-in cost for $190 per kWH for its Model S and X even before Gigafactory is operating at the full scale. It is time to learn the new names. Like 28 companies in China making 51 models of electric cars or GCL Poly taking on Tesla in the energy storage business. International Lithium is plugged into the vertically integrated Ganfeng Lithium business to serve in the future post carbon economy after this Energy rEVolution. Read more."
Race For Renewable Energy Technologies Charges Lithium Market. Chinese Lithium Leader Secures Supply Sources.
Nissan Introduces Its Own Powerwall: “xStorage” From €4,000 ($4,500 USD) Installed