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> not sure that grid batteries should compete with transport electrification

The bottlenecks are in processing materials, forming anodes and cathodes and packaging them into cells. Processes preserved across most chemistries. There is a reason the guys who built Li-on plants are pretty good at building LFP plants, and why the guys building LFPs are making announcements about sodium.



Why can't processing be ramped up arbitrarily? There's no compelling limit on how many factories can be built.

This is the glory of industry: if the process is profitable, you can stamp out factories and generate ever larger profits, up to the point the market is saturated.




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