Cost and frequency of battery replacement a major barrier to buying an EV: report
- About 40% of the four-wheeler EV prospective buyers respondents listed cost of each battery replacement as an apprehension as battery contributes to a substantial part of an EV
Electric vehicles are the flavour of the season but there are many barriers to mass adoption of the relatively eco-friendly alternatives to fuel guzzling cars and two-wheelers. One of the major barriers is the cost and frequency of battery replacement, shows a joint study by ACKO and YouGov.
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