EV volumes in the 2018-to-2025 timeframe will be predominantly affected by government policies. In particular CARB and China PHEVs meet the customers' needs and are thus easier to sell but are expensive In addition to range and cost, charging time and inconvenience are significant drawbacks Battery cost and reliability are a big factor. A life-of-the-car battery at less $150/kWh could energize the market, but how far in the future is it?
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