Rising cost of lithium ion battery could not slow down the electrical vehicle sales
Car buyers around the world are planning to purchase electric vehicle even though the cost of battery It is increasing in rocket speed
This year electric vehicle demand is always on high even though battery cost has increased to 160 Dollar per kilowatt
Hours
In the first quarter of this year cost of battery was 105 dollars per kilowatt hours
After the war between Russia and Ukraine the price has increased need to currently
Due to market speculation and some metals from Russia Battery cost has increased a lot
EV battery priceas on high speed
For a smaller car like the Hongguang Mini, the best-selling EV in China, the higher battery costs $1,500, equal to 30% increase in car price
But due to Russia and Ukraine fuels prices are also sky rocketed and due to global warming awareness many people are planning to buy a electric car
This is article for your information for battery prices and EV adoption , if you are planning to buy a EV please let cool the battery prices soon you will get it in cheaper way
Tags:
EV -Electric Vehical