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What Causes Electric Scooters to Be Expensive in India?

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Knowing the importance of these elements, china made strategic investments and bought mines in the countries such as Congo, Bolivia, Chile, and Australia where these elements are available. EVs cannot achieve price parity with a gasoline vehicle until there is a breakthrough in battery technology.

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Tesla And Other Tech Giants Scramble For Lithium As Prices Double

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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”. This means that the new market is all about new players.

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