electric cars may be cheaper than combustion engines by 2025, report says - lithium battery price

London—
If the cost of lithium-electric cars could be cheaper than oil cars by 2025
Ion batteries continue to decline.
Some models will cost the same internal combustion engine as long as 2024, becoming cheaper in the second year, according to Bloomberg New Energy Finance (BNEF).
In order to do this, even if the demand for metal entering the battery continues to rise, the price of the battery pack needs to drop
Researchers at the headquarters said Thursday.
As countries and companies compete to clean up the city's smog and achieve the ambitious climate targets set by the Paris agreement, the call for the launch of electric vehicles is growing. U. K.
Lawmakers began a market survey on September to investigate the necessary infrastructure and try to determine whether to end sales of gasoline and diesel cars by a 2040 deadline.
With incentives, America. K.
Reduce the auto trade deficit by 5 billion ($9 billion)
According to the Green Alliance.
The World Wildlife Fund said earlier phasing out diesel and gasoline vehicles would add 14,000 jobs to the industry.
In a separate report this week, both groups urged Britain to introduce an oil ban
The car refuel before 2030.
As the world's largest polluting country, China hopes to lead the world in the field of electricity.
As the government implements production quotas designed to increase sales, the adoption of vehicles.
Founder and billionaire of Zhejiang Geely Holding Group Co. , Ltd.
Li Shufu bought seven euros. 3-billion ($11. 6-billion)
Daimler held shares last month.
Expected growth in lithium mass manufacturing
Ion storage helps reduce battery prices to $70 (U. S. )
BNEF said that it will reach kWh by 2030.
The average price of the battery pack is about $208 (U. S. )
KWh in 2017 squeezed profit margins.
"Sales of electric vehicles will continue to rise in the next few years, but for the real public, battery prices still need to drop further --
Colin mckerche, transportation analyst at BNEF, said.
"If the cost of battery materials continues to rise significantly, this may delay the intersection.