By the mid-2020s, the prices for electric buses will be equal to the ice analogues
Analytical report Bloomberg NEF Electric Vehicle Outlook 2019 indicated that the sale of ice cars in 2018 reached its peak and then the world will move faster to electric vehicles.…

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3 myths you should know about electric cars in the USA
On 6 October 2018, the intergovernmental panel on climate change issued a special report to policymakers urging that, in order to avoid the most catastrophic consequences of climate change, we…

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Why is it more profitable to produce electric cars than cars with ice?
1. Minimum engine options maximum power configurations The biggest advantage of electric vehicle manufacturers is the easily variable power inherent in electric motors. The manufacturer can produce only a few…

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Electric cars are a triple win for climate, clean air and the economy

The production of electric vehicles is still more expensive than the production of their gasoline competitors, but policy changes and market expansion can quickly change in favor of electric vehicles.

Technical and economic studies show that the average cost of electric cars can become the same as that of cars with ice over the next 8 years and even earlier. When fuel economy is taken into account, electric cars may be cheaper in some markets, and automakers may make profits comparable to or greater than gasoline-powered cars by 2025 or earlier.

In order to achieve a reduction in the price of electric vehicles, it is necessary to constantly expand the market and increase competition, which leads to innovations in design and production, as well as to take key policy decisions to stimulate the purchase of electric vehicles, in particular to give access to benefits and discounts for the purchase of electric vehicles, to regulate CO2 emissions standards and vehicles that encourage an increase in the supply of electric vehicles, and to invest in a charging infrastructure that makes driving electric vehicles more convenient.

Not only can electric cars reduce emissions that contribute to climate change (even on fossil-fuel power systems), they will also save individuals, governments and society trillions of dollars while reducing respiratory diseases and mortality.

So why do so many people continue to believe that electric cars are too expensive? Partly to blame the joint misinformation campaign of those who can lose. Even dispassionate analysts sometimes fall into the trap of considering only short-term costs, with some believing that every ton of greenhouse gases exposed to electric vehicles will cost hundreds of dollars. These estimates generally do not take into account the potential for cost reduction resulting from policies that stimulate market expansion.

If we hope to limit the damage from climate change, sales of electric cars should exceed sales of cars with ice in the next 10-15 years, which implies almost the same growth rate as that of smartphones over the past decade.

Going beyond cars and trucks, the promise of lower cost on batteries and electric motors can also economically transform buses, delivery vehicles, and perhaps even long-range trucks.

How to develop the global market for commercial electric vehicle segment

Electric cars are a triple win for climate, clean air and the economy. To take advantage of these advantages, strategies are needed that further expand the market. In the not so distant future, electric cars will be associated not only with luxury, but also with necessity.

Electric cars will not save the planet without renewable energy
Several countries, including France, Norway and the UK, are planning to abandon fossil-fuel-powered cars by 2040-50 to reduce air pollution and combat climate change. The idea is to replace cars…

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Buy or not buy electric cars after commercial use
New electric cars, though falling in price faster than expected, but still remain quite expensive. Therefore, for the Ukrainian buyer, the alternative is the purchase of electric vehicles with mileage,…

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Why is little Norway leading the world in the use of electric vehicles?
Almost 60% of new cars sold in Norway in March 2019 were fully electric. Record statistics regarding Norway and electric vehicles show that the Scandinavian nation hopes to stop selling…

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