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What Causes Electric Scooters to Be Expensive in India?

Get Electric Vehicle

Right now in India, an electric scooter with a decent range and power will cost you somewhere around one lack or above. 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. For example, The newly launched Ola S1 starts at ?97,575.

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Korean consortium forming JV with Bolivian miner Comibol for lithium production in Salar de Uyuni

Green Car Congress

KORES ) and steelmaker POSCO has entered an agreement with Bolivia’s state-run miner Comibol (Corporación Minera de Bolivia) to set up a joint venture to produce lithium intended for lithium-ion batteries. KORES said that Korean Li-ion manufacturers SK Innovation and LG Chem are also likely to participate in the project.

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Orocobre and Toyota Reach Deal for Argentine Lithium Mine

All Cars Electric

Critics of the development and use of lithium-ion ("li-ion") batteries have long cited their concerns over the (un)availability of lithium, and with moderate success. They state that politically unstable, remote Bolivia owns the world's largest reserve of lithium, which is certainly true.

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