cartechboy writes How low can battery costs go, and how fast? That's the question automakers are dealing with when it comes to the future of electric cars. Tesla is betting big on electric and has already proven many skeptics wrong with its Model S sedan. The company is making even bolder claims with its upcoming Model 3 stating it'll have about 200 miles of range and a base price of $35,000. That's a nice goal, but is it possible. Battery skeptic Menahem Anderman wrote a new report suggesting that the pace of cost reduction for electric car batteries won't be as swift as Tesla's CEO Elon Musk suggests. This leads Anderman to predict the actual price of the upcoming Model 3 will be in the range of $50,000-$80,000.
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