Some good, some bad news for EVs in Budget 2024 | Autocar Professional
Baua Electric
JULY 23, 2024
percent on various metals to nil – a move that can reduce battery prices by as much as 20%. “Batteries account for 40%-50% of the cost of EVs,” pointed out Vikrant Singh, Co-Founder, Director, and CTO at battery recycling firm Batx Energies.
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