
The report titled "Breakthrough of Electric Vehicle Threatens European Car Industry" ING Bank indicates that battery prices lower as distance running increases the charging time is one important factor driving the electric vehicle. To the proliferation of charging stations and car prices fell to the same level as diesel vehicles today.
The report highlights that the battery electric cars, hydrogen cars will overtake. Both in terms of price and infrastructure. However, the bank warned that car manufacturers in Europe will miss out on a vehicle battery market. Because the technology is in the hands of American and Asian manufacturers for the most part.
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