Can Falling Li-ion Prices Boost EV Sales?
Lithium-ion battery prices, which constitute 40-60% of the manufacturing cost of EVs, have hit an all-time low. Automakers have slashed prices. But is it enough to propel the domestic EV market?
Lithium-ion battery prices, which constitute 40-60% of the manufacturing cost of EVs, have hit an all-time low. Automakers have slashed prices. But is it enough to propel the domestic EV market?