Battery Production Impact
Look, there’s no denying that battery production is one of the major problems with the EV business right now. No one knows where the batteries are going to come from. But with the increased push for EV production in California there are going to be plenty of production facilities (via Energy Sage).
There will be more than enough batteries for the industry and for consumers. The price of batteries will also be reduced as time goes on, which is one of the biggest and most expensive repairs on a used EV nowadays.