A future to get excited about except for coal powered Clown Prince Phoney Tony.. ..1. Battery cost is expected to drop significantly  And by significantly, Morgan Stanley means by a good deal more than half. The report points to Tesla, which aims to produce a battery that costs only $US100/kWh – currently, the average EV battery costs between $US250-400/kWh – from its under-construction Gigafactory.

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