This is Europe’s EV battery reality today. Volvo Car Gent assembles battery packs, but the cells are imported from China and South-Korea /Volvo
According to a new study by Transport & Environment (T&E), EV battery cells produced in the EU currently cost about $41-$43 per kilowatt-hour more than those made in China. For a typical 60 kWh family EV, that implies a gross cell cost disadvantage of roughly €2,000-€2,500 per vehicle.
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