Month: May 2018

With Tesla establishing itself as a power house in the auto market, development of electric vehicles by every major auto maker, and even Wall Street turning their attention to the segment, there is little doubt that electric vehicles are the future. While internal combustion engine vehicles remain less expensive to build than electric vehicles for the time being, battery prices continue to decrease rapidly. In the three years from 2014 to 2016, battery costs fell over 50% from process improvements and scale effects. Along with decreased battery cost has come increased battery capacity and range. With all the advantages that electric...