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Electric Vehicle Outlook 2023: On the Road to Net Zero
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The Importance of Battery Technology in Electric Vehicles
The starting point for BNF has been for a long time that batteries are really what's enabling this change. Fortunately, the technology is continuing to get better. It actually got more expensive last year due to spike in raw material prices. So again, looking at the underlying technology, battery chemistry mix and price outlook, it still forms the basis for us being able to say with some confidence that things are going to continue to accelerate quickly on EV adoption.
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