Frank Millard

2 weeks ago | electrichybridvehicletechnology.com | Frank Millard |Wesley Doyle

Advances in technology and a drop in green metal prices has seen predictions of EV battery prices falling by almost 50% by 2026. We look at what’s driving this and what it means for OEMs and the wider adoption EVs globally. The EV battery is an important element in the overall cost and performance of the vehicle. This share has been reducing and that trend is expected to continue according to Statista.