Hyundai Sees EV Battery Prices Leveling Off By 2020

Newswire

* Mineral supply constraints to slow battery price fall - Lee * Hyundai plans to have 38 green models by 2025 - Lee * Sth Korean company seen lagging rivals in electric vehicles By Hyunjoo Jin SEOUL, Dec 13 (Reuters) - Hyundai Motor Co believes electric vehicle battery prices will level off by 2020 due to supply constraints of key ingredients, ending years of sharp declines that have helped stimulate activity in the booming sector. Despite its cautious outlook, the South Korean carmaker ...

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