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What Causes Electric Scooters to Be Expensive in India?

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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. 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.

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Decoding The Complex Supply Chain In The Electric Vehicle Industry

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Picture this: You’re cruising down the road in your sleek, futuristic electric vehicle (EV), enjoying the whisper-quiet ride and emission-free journey. These suppliers provide essential parts such as batteries, electric motors, power electronics, and charging infrastructure coordinating these metrics is a complex and tedious job.