UBS Q-Series research, powered by the UBS Evidence Lab, connects the dots across asset classes, geographies and sectors. Today we explore a new Q-Series report entitled: ‘Tearing down the heart of an electric car: cost parity a closer reality?’ One of the authors of the piece tells us more about the batteries at the heart of the electric vehicle story. The drive for cost parity with internal combustion engines is critical in this space: it’s crucial in terms of making electric cars a mass-market technology and reducing battery cost is also fundamental for those looking to win in the highly competitive auto-OEM landscape.
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