Cost of EV battery replacement soon to be less than fixing gas engine

Cost of replacing an EV battery is one of the major reasons for EVs being less preferred over ICE, however, a recent study says that by 2030 it’ll be at par with the cost of replacing an ICE engine, i.e. a 75kWh battery will cost approx. $3375, & treason being the downturn in battery metal prices, which holds 60% of the battery cost.