Article 153E9 Electric cars 'will be cheaper than conventional vehicles by 2022'

Electric cars 'will be cheaper than conventional vehicles by 2022'

by
Damian Carrington
from Environment | The Guardian on (#153E9)

Analysis predicts that the total cost of ownership of electric cars will dip below those with internal combustion engines in 2022

Electric cars will be cheaper to own than conventional cars by 2022, according to a new report.

The plummeting cost of batteries is key in leading to the tipping point, which would kickstart a mass market for electric vehicles, Bloomberg New Energy Finance (BNEF) analysts predict.

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