Bowens Big Car Ban, page-262

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    And what has been happening with new ev vs ice vehicle pricing over the last decade ?

    Evs and ice are expected to reach price parity over the next few years.

    Coincidentally around about the time that electric 4wds will be available .

    Plunging battery prices will deliver cost parity for EVs by 2025


    Electric vehicle (EV) battery prices are forecast to fall by 40 per cent by 2025, according to global financial giant Goldman Sachs, and will help deliver overall cost parity for electric vehicles by that date.

    The latest forecasts by Goldman Sachs predicts an abrupt end to the recent “greenflation” for batteries used in electric vehicles, that stemmed from rising demand and component shortages.

    Goldman Sachs now expects battery prices to fall to $US99 per kilowatt-hour (kWh) of storage capacity by 2025 – a 40% decrease from 2022. Previous forecasts had predicted only a 33% decline over the same period, highlighting the rapid shifts in the industry in just the last few months.

    https://hotcopper.com.au/data/attachments/5984/5984194-3d19075e5dbb0f0e9b79e3506074e3aa.jpg
    https://switchedon.reneweconomy.com.au/content/plunging-battery-prices-will-deliver-cost-parity-for-evs-by-2025



 
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