this post was submitted on 12 Jul 2024
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[Dormant] Electric Vehicles

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cross-posted from: https://lemmy.ml/post/17899967

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[โ€“] cron@feddit.org 15 points 4 months ago

I found an interesting graphic that shows regional price trends compared to china. A few years ago, battery prices in Europe were 80% higher than in china. By 2023, this difference decreased to 20%.

Here is the image (source)

China definitely had an advantage a few years ago, but the gap is shrinking.