What Causes Electric Scooters to Be Expensive in India?
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AUGUST 22, 2021
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. The first one is to purchase high-priced cobalt and lithium, gain knowledge and expertise, then manufacture the battery in-house. In fact, China controls half the cobalt mines in Congo.
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