Various automobile companies are preparing to shift from internal combustion (IC) engine vehicles to electric vehicles (EVs). However, due to higher cost, EVs are not as easily accessible to consumers; hence, several governments are subsidizing EVs to promote sales. For EV costs to compete with those of IC engine vehicles, their batteries, which account for about 30% of their cost, must be more economical than IC-based vehicles.
Click here for original story, Proliferation of electric vehicles based on high-performance, low-cost sodium-ion battery
Source: Phys.org