> The first of these was announced just last week when the Chinese battery-maker that supplies most of the major car makers, including Tesla, revealed it had produced the first "million mile battery". > Contemporary Amperex Technology (CATL) says its new battery is capable of powering a vehicle for more than a million miles (1.2 million, to be precise - or 1.9 million km) over a 16-year lifespan. I keep being told Te…
That was until China has more electric vehicles sold than rest of the world combined. They made 95% of all electric buses in the world. So the economy of scale somewhat shifted. And the rest comes with continual investment.
https://en.wikipedia.org/wiki/Electric_vehicle_industry_in_C...