Saturday , November 23 2024

Business

The price of electric vehicle batteries will reduce by 10 percent in the near future | News India

New Delhi: Electric vehicle manufacturers expect lithium-ion battery prices to decline by 5 to 10 percent in the next 12 months. According to industry sources, these batteries mainly come from China and are expected to be cheaper after the punitive tariffs imposed by the US on Chinese batteries. The tariffs …

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