The automotive business is one that turns raw materials into highly complex finished goods. When the prices of key commodities—especially raw materials—rise, everything downstream in that process becomes more expensive. That's Hyundai's concern over battery prices from 2020 onward, as it envisions a future in which a constrained supply... Hyundai believes electric-car battery prices will stop falling by 2020
The automotive business is one that turns raw materials into highly complex finished goods. When the prices of key commodities—especially raw materials—rise, everything downstream in that process becomes more expensive. That's Hyundai's concern over battery prices from 2020 onward, as it envisions a future in which a constrained supply...