EVs To Be Cost-Competitive By 2025
Electric cars will cost less to buy than regular cars by 2025: analysis
Sean Szymkowski, June 21, 2017 (Green Car Reports)
“…[Electric vehicles have a number of strikes against them in the minds on consumers, including range anxiety, the lack of electric vehicle charging infrastructure, awareness,] and high purchase prices…[But a new study forecasts EVs will cost less than a normal, gasoline-powered car] as soon as the year 2025…[The biggest factor will be the plummeting price of batteries which, by 2030,] is expected to have decreased 77 percent…By next year, the lifetime cost of ownership in Europe of an electric car is expected to dip below a conventional, internal-combustion engine vehicle…[and 14 percent of new car sales are forecast to] be electrified vehicles in 2025…” click here for more
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