Falling Battery Prices boost outlook for EVs

The cost of batteries for electric vehicles (EVs) has been falling fast and is almost certainly well below the estimates made by many analysts in the past decade.

NISSANLEAF300EVs may be able to compete directly with petrol-driven cars on cost a lot sooner than most people think. Policy-makers, transport and energy planners, and investors should take note.

Opinion is divided about what role electric vehicles could play in a low-carbon future.

With no exhaust fumes and far greater efficiency at turning energy into kilometres, they certainly offer a lot of advantages over traditional petrol or diesel vehicles in a scenario of continued high private mobility.

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