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)

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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