Electrification in car industry to increase; Greatest challenge is high cost of batteries in range €10,000 to €15,000
Apr 22nd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The degree of electrification in the car industry will increase steadily over the coming years. More and more vehicles will be powered partly or fully by electricity in future. However, rapid structural changes are unlikely as many general problems surrounding electromobility have yet to be solved. Probably the greatest challenge in this context is the high cost of batteries which are currently in the range €10,000 to €15,000.