The move to cobalt-free batteries is its most significant move yet, and the company is making a big bet on cobalt-free rechargeable battery technology Why doesn't everyone drive electric cars? One of the big reasons is price. If you compare an electric car with an internal combustion engine vehicle (ICE) of the same specification, you will find that the former is at least 10,000-15,000 pounds (about 88,000-132,000 yuan) more expensive than the latter. Even though EVs will be much cheaper when purchased and u