Bigger batteries vs. weight reduction: Neither way of boosting EV range is cheap, report shows

Mercedes-Benz battery productionRange anxiety remains one of the biggest obstacles to widespread electric-car adoption, but two of the main ways to increase range are proving expensive, according to a new report from Lux Research. Bigger battery packs cost more, but reducing weight may not be cost effective, according to the report, which established a threshold of less than $5...