GOVERNMENTS around the world, including our own in the UK, want us to use electric vehicles. It’s an imperative if we’re to have any chance of meeting zero carbon targetsc, particularly in London.
So, the news electric car battery prices have risen for the first time in more than a decade is especially timely and alarming. The surging cost of metals used in the manufacture of batteries, such as cobalt and lithium, has pushed the price of a battery pack up to $151 per kilowatt hour, a rise of 7% on a year ago, according to the BloombergNEF annual survey.
