ABI Research projects worldwide commercial EV market to surpass US$680B by 2027
Green Car Congress
JUNE 14, 2023
The growing affordability of EVs has been one of the biggest drivers for fleet electrification efforts. One of the main factors driving the affordability of EVs, especially EV trucks, is the decreasing cost of battery technology. Lithium-ion battery costs have fallen by over 85% since 2010, and this trend is expected to continue.
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