EV Battery Size Increases Raise Concerns

The growing range and size of electric vehicles, including gargantuan 8,000-pound trucks, threatens to strain the supply of raw materials and supply chain capacity needed to keep up with battery demand, BlombergNEF’s recent Electric Vehicle Outlook warns. Worldwide, average EV battery pack sizes have increased 10% annually from 2018 to 2022 and now average about … Continued

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