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Executive Summary: Battery Technology and Cost Forecast (BTAC) H1’23

The Battery Technology and Cost Forecast (BTAC) is a biannual report for which PVEL and Exawatt have jointly developed a methodology that leverages bottom-up cost analysis, based on data gathered from more than 180 publicly traded companies throughout the lithium-ion cell supply chain, combined with a manufacturing model that contains over 100 input variables. Additionally, manufacturer top-down forecasts and industry trends across the past 5 years are incorporated into the model.

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