Why are electric-car batteries so darn expensive?By Agency Staff16 September 2021 An EV uses the same rechargeable lithium-ion batteries that are in your laptop or mobile phone, they’re just much bigger and much more expensive.
Why electric cars are still so expensiveBy Agency Staff23 October 2020 At Tesla’s Battery Day event in September, CEO Elon Musk set himself an ambitious target: to produce a $25 000 electric car in three years. Hitting that price is seen as critical to deliver a true, mass-market product.