Falling lithium prices make EVs more affordable

The price of electric vehicles is dropping due to a decrease in the prices of commodities used to make them.

An electric vehicle at a Manhattan charging station, March 7, 2022. It has been easier for carmakers than ever to lower the prices of electric vehicles due to a surprising drop in commodity prices (including cobalt and lithium). 4:04 PM Tue, March 21, 2023

New York Times