Dec 17, 2020

Report: Electric Cars Could Be Cheaper Than Gas Ones in Just 2 Years

Posted by in categories: sustainability, transportation

Kill a Watt

The reason why the price of energy storage is such an important automotive indicator is because the battery pack accounts for roughly a quarter of an EV’s total cost, making it the number one determinant of price.

It could be the electric car industry’s watershed moment: once dipping below the price of gasoline-powered engines, electric vehicles will look far more attractive to far more consumers.

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