Capítulo 318: Only Forty to Fifty Years Left for Oil Exploitation?

"Oh yeah, Zhao Chiang, how much would the High Energy 1's production costs be?" Chen Jin asked after having thought about a question.

"Uhm, very high for lab production," Zhao Chiang said after thinking. "About some 10 thousand dollars per kilogram. Nevertheless, the cost is expected to drop below 1,000 dollars in mass industrial production. Assuming that each electric car is incorporated with a hundred kilograms of high energy batteries, the cost of an entire car would only be around several ten thousand dollars. It is totally possible for consumers to buy an electric car with 'High Energy 1' batteries installed within a 200-thousand-dollar budget."