According to a recent study, the costs of producing electric cars and cars with internal combustion engines could be offset by 2024.
–
According to recently published research results, backed by investment bank UBS, the difference in the cost of producing an electric car compared to a regular car equipped with an internal combustion engine could be around $ 1,900 on average by 2022 (approximately CZK 43,700). By the end of 2024, the difference could disappear completely.
UBS researchers came to this conclusion primarily by analyzing batteries from the seven largest manufacturers, as batteries usually account for about a quarter to two-fifths of the cost of manufacturing electric cars. However, according to the investment bank’s assumptions, the costs associated with batteries could reach the level of approximately $ 100 (approximately CZK 2,300) per kWh by 2022.
–
–
In addition, the price could be offset by the ever-increasing market share of electric cars. According to UBS’s assumptions, global sales of electric cars should account for up to 17 percent of the market by 2025. But by 2030, we could talk about 40 percent of the market.
“There aren’t many reasons to buy a car with an internal combustion engine after 2025,” says Tim Bush, an analyst at UBS, The Guardian. In addition, the falling price of batteries could lower the price of hybrid vehicles, which, according to Bush, should be another of the last nails in the coffin of internal combustion engines.
–
–
At the same time, electric cars are doing quite well even now, when most of the world’s car markets are suffering as a result of the coronavirus pandemic. This should be best seen in the markets of China and the EU.
The Guardian even mentions a prediction by Mathias Schmidt, an independent automotive analyst, that the current situation could lead to up to one million electric cars and hybrids being sold in the European market. At the same time, this year it could be at the level of 11 million cars sold in total.
– .
