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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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Tesla And Other Tech Giants Scramble For Lithium As Prices Double

Green Car Congress

Demand for lithium—the hottest commodity on the planet and the only commodity to show positive price movement in 2015—is poised to continue on its upward trajectory, becoming the world’s new gasoline and earning the moniker of “White Petroleum”. The Hunt for Lithium Is On.

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