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What Causes Electric Scooters to Be Expensive in India?

Get Electric Vehicle

AUGUST 22, 2021

New revolt RV 400 is priced around ?101,470, Ather 450X comes with a price tag above ?140,000. The price of the lithium-ion batteries used in the EVs is the main culprit for the high initial cost of any electric vehicle in any part of the world. Panasonic, Tesla, Toyota, and Chinese firms are pioneering new technologies.

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India Li-ion Congo Bolivia 52
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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

Green Car Congress

NOVEMBER 13, 2022

The increasing prices of lithium has also led to higher investments in carbonate and hydroxide refinery facilities in the country, making it the leading refiner of battery metals globally. In BNEF’s 2027 rankings, countries in South America see the biggest declines, notably Brazil and Bolivia.

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Supplies Canada South Korea Lithium Ion 195
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