Will EV Batteries achieve economies of scale?

So says the Department of Energy. (PDF Warning) This graph shows it all:

After reading the report, it seems the trajectory of this forecast was demand driven.  I have no doubt that economies of scale and innovation manufacturing processes can help bring the cost down but I am skeptical of the cost of lithium inputs.  It is not that abundant as oil, as there is only two regions I can think of (China and Bolivia) that have substantial sums of it.  But this does bode well for Intercon’s idea for reusing batteries for alternative power sources, as this will push prices downward for aftermarket batteries.  See, I said that economies of scale was possible! (or at least the DoE confirms it…)

HT: Engadget

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