Batteries got more expensive in 2022 after years of dropping prices — and it could delay access to cheaper electric cars

Dec 7 2022 by Business Insider

 
Chevrolet plans to release the $30,000 Equinox EV in 2023.

Chevrolet

The world may need to wait longer than expected for affordable electric cars.  Lithium-ion battery packs got more expensive in 2022 after getting cheaper for years.  Electric vehicles currently cost much more than their gas counterparts. 

Truly affordable electric cars may be even farther away than we all thought. After dropping for years, the price of lithium-ion batteries — a costly and crucial component in electric...

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