- Electric vehicles are approaching **sticker price parit**y with gas- powered cars. Leaders in the EV market are developing innovative battery designs to enable **longer range vehicles at lower costs.** - Based on [[Wright’s Law]], there are forecasts that EV sales should increase roughly 20-fold from ~2.2 million in 2020 to 40 million units in 2025. - The biggest downside risk to our forecast is whether traditional automakers can transition successfully to electric and autonomous vehicles. ![[Pasted image 20210919222957.png]] ![[Pasted image 20210919223020.png]] ![[Pasted image 20210919223102.png]] ![[Pasted image 20210919223123.png]] Cell to Module to Pack < Cell to Pack ![[Pasted image 20210919223233.png]] ![[Pasted image 20210919223329.png]] Links: [[EV Adoption & Acceleration]] #kp