EV despite costly batteries
In Short
Clean vehicles currently mostly run on batteries. Their sales are gaining momentum, but they currently remain in the single digit percentage of the car sales.
A Few Details
The cost of EV must continue to drop as much as batteries must improve in the coming years.
The cost of batteries, their technology based on abundant metals, their weight-range, their fast-charging, and their recycling possibilities will help sales to continue to grow. Investments are betting on such cheap, light and fast-charging batteries, which could compete with gasoline cars. In fact, many say that such batteries are the holy grail of the transition to a carbonless economy running on free sunlight and endless wind.
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