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Why Are Electric Cars Becoming More Expensive As Lithium Battery Prices Collapse And Battery Costs Decrease?
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Why Are Electric Cars Becoming More Expensive As Lithium Battery Prices Collapse And Battery Costs Decrease?

Views: 0     Author: Site Editor     Publish Time: 2023-12-11      Origin: Site

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The price of battery grade lithium carbonate has sharply declined, and the important raw cost price of electric vehicles has completely collapsed.

So the sales price of electric vehicles should decrease correspondingly . 

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However, the sales price has not decreased, but has been continuously increasing, which means that on the one hand, there is still lower room for price reduction, and on the other hand, it also means that the core manufacturing cost of electric vehicles is no longer lithium batteries.

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The core reason for the high pricing of car companies nowadays is not how high the cost is, but that electric companies want to create unique brand value and explore more profit margins through design and positioning.

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