"Another important aspect is of course price, and Theion is promising amazing reductions here too. 'Our price target is €30 per kilowatt hour in comparison to €90 per kilowatt hour today,' says Ehmes. This is because the materials Theion uses are cheaper, and so is the energy consumption. 'Production energy is 90% less.' With batteries making up around a third of current EV costs, this reduction would easily push total car prices well below that of internal combustion vehicles."
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