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What Causes Electric Scooters to Be Expensive in India?

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New revolt RV 400 is priced around ?101,470, Ather 450X comes with a price tag above ?140,000. 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. Panasonic, Tesla, Toyota, and Chinese firms are pioneering new technologies.

India 52
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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”. by James Stafford of Oilprice.com. Lithium is certainly showing all the right signs!”.

Argentina 150
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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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Other areas of energy transition investment also showed strength. Domestic installation of energy-efficient heat pumps came to $50.8 billion, up 12%, while investment in stationary energy storage technologies such as batteries was $3.6 billion, level with 2019 despite falling unit prices. Public markets and VC/PE.

2020 259
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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

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The increasing prices of lithium has also led to higher investments in carbonate and hydroxide refinery facilities in the country, making it the leading refiner of battery metals globally. —Yayoi Sekine, head of energy storage at BNEF. Finland placed the highest in Europe and was ranked fourth in the overall rankings.

Supplies 195