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> and batteries are a commodity market.

That's not true for passenger vehicles, particularly for high-spec products sold in the West. Integration of components such a battery cells that have many critical performance parameters is not trivial and manufacturers are not free to substitute cells from commodity markets. EV manufacturers are either making their own battery cells to their own, proprietary standards, or they secure contracts with suppliers capable of making cells with consistent performance. Any change in cell characteristics, including supposed improvements such as the one appearing in this report, must be integrated by the manufacturer and supply must be assured.

It's not really a commodity market, despite appearances and hype.



In house production makes it even easier, because you are in control of the process and don't have to wait for vendors to update their process.


Absolutely. My point being we're not actually dealing with commodities. In house production is about as far away from "commodity" as one can get.




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