Automakers

Metals costs could slow race for cheaper electric cars, researchers say

Skoda MEB battery production
Battery assembly for Skoda electric vehicles. Prices for lithium, crucial for EV batteries, have risen fivefold recently. (ŠKODA Auto | GKU)
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By:
Bloomberg
June 02, 2022 09:43 AM

A surge in battery metal prices means it could take several years longer for electric vehicles to become as affordable as conventional cars, according to BloombergNEF.

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