Report Climate Change, in House prices and the economy Posted September 26 2 minutes ago, onlooker said: But will EVs come down in price? AIUI the higher cost is due to the value of the metals, principally Lithium, which is not particularly rare, and it is not clear how the production cost of Lithium will diminish with time. Presumably the Cobalt and rare earth metals are expensive, but again it is hard to see how the price of refining these elements will go down. It’s an S curve, same as most tech. Without googling tell me how much you think the cheapest new EV in UK is.