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Cheaper electric vehicles coming despite high battery costs

Electric and hybrid cars charging at public charging stations in Gothenburg, Sweden. [iStockphoto]

Even though battery costs are rising, auto companies are rolling out more affordable electric vehicles that should widen their appeal to a larger group of buyers.

The latest came Thursday from General Motors, a Chevrolet Equinox small SUV (sport utility vehicle) with a starting price somewhere around $30,000 (Sh3.6 million) and a range-per-charge of 250 miles (400 kilometres).

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