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The battery packs used in electric and hybrid automobiles are one of the largest cost components for manufacturing these cars. As the price of these batteries declines, we expect that the:

Answer :

Final answer:

Decreased cost of batteries leads to reduction in overall production costs, potentially leading to cheaper electric and hybrid cars. Technological advancements may also improve battery life and driving range.

Explanation:

As the cost of the battery packs used in electric and hybrid automobiles decreases, it is expected that the overall production cost of these vehicles will reduce. This is because the batteries contribute a significant portion of the car's total manufacturing cost. These include the popular Lithium ion batteries and the lead acid batteries used in automotive applications. This could potentially lead to a decrease in the market price of electric and hybrid vehicles, making them more affordable and accessible to prospective buyers. Additionally, advancements in technology and increased production efficiency might even lead to improvements in battery life and the driving range of these cars, further boosting their appeal.

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