Battery costs make up a signifi- cant portion of the price of an electric vehicle. For the EV market to become more affordable and competitive, there is a need for advanced battery technology and a stable local supply chain. This also touches upon ongoing innovations in battery technology and the importance of R&D, which could be crucial for scaling up EV adoption in the future.

• Cost and Affordability
• Innovation in Battery Technology
• Supply Chain Localiisation
• Sustainability and Recycling
• Policy and Incentives