EV Batteries.
Hi guys, today I read a newsletter in" Visual Capitalist ". In this newsletter they write about the topic " How much Do EV Batteries cost? ". In this newsletter they given one infographic. The cost of an electric vehicle (EV) battery pack can vary depending on composition and metals they are used for it. Depending on the model, brand of the vehicle and cost of the battery might be high. In this they have given vehicle, battery type, battery capacity, battery cost and total cost of EV. The specific composition is pivotal in the establishing the batteries capacity, power, safety and life span etc. In the year 2021 , battery market is dominated by NCM batteries with 58% of the market share. Then LFP and NCA have 21% of each. In the infographic they have given the different car rates and they have given battery rates of the each car.
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