New analysis from Bloomberg New Energy Finance suggests that from 2022, the cost of electric cars will start to drop below that of internal combustion engine (ICE) vehicles. It has been noted, not least by today’s recent poll issued by the Climate Council, that many drivers are waiting until electric cars are at least as affordable as ICE equivalents before making the switch to electric. They may not have to wait long. As noted by Nathaniel Bullard at Bloomberg, ” The crossover point — when electric vehicles become cheaper than their combustion-engine equivalents — will be a crucial moment for the EV market.”
The Driven 17th April 2019 read more »
Alternative charging options drive down battery costs for ebuses. All-electric buses will cost the same as diesel options by 2030 – and possibly earlier – according to research into the global EV market.
PV Magazine 16th April 2019 read more »