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Electric Cars Cheaper than Conventional Cars, Reality Check!

The major cost component of any electric vehicle is its battery and if the battery cost were to be reduced then it will become cheaper than conventional engines and will become a commercially viable option for the manufacturers to invest full-scale and for consumers to discard conventional cars. The battery of an EV is a lithium-ion battery which is made of metals like nickel and cobalt and these metals make it costly and they are exhaustible as well, manufactures need to check for alternatives for a long run.