Content overview: “China’s EV momentum slows as pricier batteries steer drivers to hybrids | Nova Global News”. Rising battery costs and a cooling car market are likely to tilt China’s electric-vehicle race in favour of hybrids this year, as budget-conscious consumer... Rising battery costs and a cooling car market are likely to tilt China’s electric-vehicle race in favour of hybrids this year, as budget-conscious consumers turn away from fully electric models, analysts say. Material cost inflation is expected to slow momentum for battery-electric vehicles (BEVs), Nova Global News curates publicly available headlines and summaries with source attribution.
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