Main Points:
– The cost of Level 3 DC fast chargers is decreasing rapidly, keeping pace with the drop in battery prices for electric vehicles.
– A substantial reduction in costs is being witnessed in the area of Level 3 fast chargers.
– The decreasing costs are a positive development for the electric vehicle market, making fast charging infrastructure more affordable and accessible.
Author’s Take:
The concurrent decline in prices of Level 3 DC fast chargers and electric vehicle batteries signals a promising trend for the electrification of transportation. The more affordable fast charging infrastructure will likely contribute to the wider adoption of electric vehicles, bolstering the transition to sustainable mobility in the near future.
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