Electric cars ‘will be cheaper to produce than fossil fuel vehicles by 2027’

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BloombergNEF forecasts result of falling cost of making batteries as well as dedicated production lines

The falling cost of producing batteries for electric vehicles, combined with dedicated production lines in carmarkers’ plants, will make them cheaper to buy, on average, within the next six years than conventional cars, even before any government subsidies, BloombergNEF found.

 

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Hope the electricity distribution network is up to the challenge. Should we not already be digging up the roads to increase capacity ?

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Interested to know the total global climate impact of average car production: from source to seat-metal extraction,material transportation and process,manufacture,product transportation, and probably using fossil fuel for electricity.That is before the owner sits in the seat.

Notably it is ElonMusk who single-handedly via Tesla forced traditional automakers to also start making ElectricCars, paving the way to a sustainable transportation, thereby hopefully mitigating our ClimateCrisis.

Damn it, I have to replace my Tesla roof and windows again!!

elonmusk time to drop the prices!

W or w/out subsidies and taxes

not unless you in China and it is cheaper already - just go and look at Model Y - but in the western world you looking at 2023 buy my reading - it would have happened last year but a pandemic started

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