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Reuters is reporting on a new study that suggests the cost of lithium-ion batteries used in electric vehicles could plummet dramatically by 2025. Consulting firm McKinsey & Co. conducted the study, which indicated increasing oil prices and tougher fuel economy standards could force automakers ...
At the Detroit Auto Show in January, Ford announced that it would bring production of battery packs for its hybrid and plug-in vehicles in-house by 2012, in time for the launch of its next-generation models. At the time, Ford would only say that the production facility would be somewhere in ...