Key takeaways
Despite dramatic growth in market share in the last five years, EVs sales have slowed recently, with costs, infrastructure gaps and uncertainty over bans to petrol cars cited
1
Trade tensions cause huge challenges for carmakers, with tariffs on cheaper Chinese-made batteries keeping costs high and increasing industry uncertainty over which battery models to back
2
Clearer commitments from governments on pro-EV policies will be a key factor in rebooting the Western market
3
Glossary
Key terms in battery markets