For electric vehicle battery makers, it's go small or go home

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Carmakers in China have rolled out small, low-cost EVs like the Wuling Hongguang Mini - which even with recent battery price rises still sells for around US$6,500 .

The car is a joint venture of SAIC Motor, General Motors and Wuling Motors.

Going small could also ease looming battery material bottlenecks as EV demand soars, while using less cobalt and nickel where China dominates refining and processing. Others are squeezing more efficiency out of existing batteries, as Mercedes-Benz has done with its EQXX prototype with a range of 1,000km.Fast charging today is limited by EV batteries' ability to absorb power quickly. Fast charging can shorten batteries' lifespan or overheat them, so most EVs limit charging speed to protect them.

 

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